Questions 1) Go to your Bank Statement or Bank Account Online Portal. When you increased your bank account (deposited money or received a direct deposit), was this deposit under the Debits or the Credits Category on the Bank Statement. 2) Your company received Cash due to performing a service, according to Chapter 1 Transaction Analysis, what is the effect on the Accounting Equation for this transaction? 3) On the previous transaction, which account is debited and which account is credited? 4) Was the previous debit or credit to Cash on the previous transaction the same as to when you deposit money in your bank account (Question 1)? 5) If it was different, why is that so? if in both situations money is coming into your account, why are they different? 6) Do you agree with this treatment? Would you change the accounting or banking rules and do it differently?