Question

State the types of two accounts involved in the following transactions

Answer 1

Answer:

two types of accounts involved in the bank transactions

1) savings account

2) current account

Answer 2

Answer:

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 ₹ ...