Explain how the following transactions would be recorded in
a cash book with Cash and Bank columns?
i) Deposit of cash into Bank
ii) Withdrawal of money from Bank for office use
iii) Deposit of cheques (received from others) into Bank
iv) Dishonour of cheques deposited into Bank
I need a detailed answer..thanks..
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Answer Posted / sandeep kumar sharma
1) Bank a/c Dr
To Cash A/c Cr
2) Cash a/c dr
To Bank a/c cr
3) Bank a/c Dr
To XYZ a/c Cr
4.) XYZ a/c Dr
bank Charges a/c dr
To Bank a/c Cr
| Is This Answer Correct ? | 8 Yes | 2 No |
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