Economics · Accounting Principles
A customer withdraws 50,000 rupees in cash from their savings account at a commercial bank. How does this transaction impact the balance sheet equation of the bank?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only the Asset side is affected by the cash movement.
- 2Liabilities increase by 50,000 and Capital increases by 50,000.
- 3Assets increase by 50,000 and Capital decreases by 50,000.
- 4Assets decrease by 50,000 and Liabilities decrease by 50,000.✓
Correct answer
Assets decrease by 50,000 and Liabilities decrease by 50,000.
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