what is the entry for cash received and after deposited in
to the bank
Answers were Sorted based on User's Feedback
First Part - Cash Received
Cash A/c Dr. 100.00
To X 100.00
Second Part - Cash Deposit into Bank ( Contra Entry )
Bank A/c Dr. 100.00
To Cash 100.00
Is This Answer Correct ? | 46 Yes | 5 No |
Answer / george
is a contra entry in the cash book
dr bank
cr cash
Is This Answer Correct ? | 28 Yes | 6 No |
Answer / rajesh
Hai gangadaran, dont make wrong entry. below is the entry
1)DR Bank A/c
Cr Cash
Is This Answer Correct ? | 18 Yes | 1 No |
Answer / madhur
Lokesh is Exactly right & am surprised & was doubting my
Accounts knowledge......This transaction has two parts so
earlier people why just one....Surprising.
Is This Answer Correct ? | 1 Yes | 0 No |
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