state the types of two accounts involved in following transactions 1:-Commenced business with cash ₹ 70,000 2:-Deposited cash into bank of india ₹ 10,000 3:-withdraw cash from bank for office use ₹5,500 4:-purchased goods for cash ₹5000
5:-purchased good store on credit from kiran store ₹6, 000 6;-sold goods for cash ₹ 3,000 7:- sold goods to rohini ₹ 9000 8:-Recived divided ₹4, 500 10:- paid audit fees ₹ 1,000
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Explanation:
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commenced business with cash rupees 70000