what is the entry for cash received and after deposited in
to the bank

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what is the entry for cash received and after deposited in to the bank..

Answer / lokesh khintolia

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

what is the entry for cash received and after deposited in to the bank..

Answer / gangadharan

Bank a/c dr

To Cash

Is This Answer Correct ?    34 Yes 9 No

what is the entry for cash received and after deposited in to the bank..

Answer / george

is a contra entry in the cash book
dr bank
cr cash

Is This Answer Correct ?    28 Yes 6 No

what is the entry for cash received and after deposited in to the bank..

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

what is the entry for cash received and after deposited in to the bank..

Answer / suspense

Gangadaran & Rajesh Both of you are right.

Is This Answer Correct ?    13 Yes 0 No

what is the entry for cash received and after deposited in to the bank..

Answer / arjun

lokesh u r absulotly right

Is This Answer Correct ?    5 Yes 0 No

what is the entry for cash received and after deposited in to the bank..

Answer / raghunath

bank a/c dr 1050

To Cash a/c 1050

Is This Answer Correct ?    4 Yes 0 No

what is the entry for cash received and after deposited in to the bank..

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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