The effect of transaction when cash is paid into the bank is?

Explanation

When you deposit cash into your bank account, physical cash leaves your office or register. Cash on hand decreases. Meanwhile, your bank account balance goes up by the same amount.

It’s a transfer between two forms of money. You’re not gaining or losing total money, just moving it from one place to another.

Simple rule: Cash out of register (decrease), Cash into bank (increase). Money moves from one account to another.