Answer:
C. I: assets; II: liabilities.
Step-by-step explanation:
In the classified balance sheet, we summarize the asset and liabilities into various types
Like assets are divided into fixed assets, current assets, and intangible assets.
Likewise, liabilities are also divided into current liabilities, long term liabilities
In every balance sheet, the accounting equation is used that means
Total assets = Total liabilities + Shareholder equity
In the first transaction, the deposit is made so the cash balance should be increased and hence, it is included in the asset account
And, in the second transaction, the borrowings were made which is a liability. So, it is included in the liabilities account
Hence, option C is correct