Final answer:
The correct answer is that withdrawing Rs.10,000 cash from the bank for office use increases one asset (cash) while simultaneously decreasing another (bank balance), with no change in liabilities. The options provided do not correctly represent this transaction as they suggest a change in liabilities, which is not accurate.
Step-by-step explanation:
When withdrawn cash Rs.10,000 from the bank for office use, what you are effectively doing is moving assets from one form (bank balance) to another (cash in hand). In the accounting equation, assets should remain equal after this transaction, because you are not creating or extinguishing value, just converting it. Therefore, in terms of the accounting equation, withdrawing cash increases one asset (cash) while decreasing another (bank balance).
The correct option that reflects this change in the accounting equation would be:
- Assets: +Rs. 10,000; Cash increases by Rs. 10,000.
- Assets: -Rs. 10,000; Bank balance decreases by Rs. 10,000.
- Liabilities: No change; liabilities are not affected by this transaction.
Therefore, the correct answer is: Assets: +Rs. 10,000; Liabilities: No change, which is not listed among the given options. It's important to note that in the given options, no option correctly represents this transaction because they all suggest a change in liabilities, which is not the case here. The T-account for this transaction would show an increase on the debit side for cash and a decrease on the credit side for bank balance.