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

Answers were Sorted based on User's Feedback



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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