Purchased office furniture for ₹ 1,00,000 and made payment by cheque. It affects assets side only. Furniture increases by ₹1,00,000 and by the same amount bank decreases.
Ex-Deposited ₹ 6,00,000 into the bank. It affects the assets side only.  Cash decreases by ₹ 6,00,000 and by the same amount bank increases.


