Bank entry
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 September 2011
Dear sir to all,
I wanna diposit 100000 rs(cash) in our bank.
what the entry of our ledger. and why
can u tell me.
I wanna diposit 100000 rs(cash) in our bank.
what the entry of our ledger. and why
can u tell me.
29 September 2011
entry will be
Bank name A/c DR 100000
To Cash 100000
Bank name A/c DR 100000
To Cash 100000
29 September 2011
simply as the cash is deposited in the bank
bank balance gonna increased therefore debited
cash balance gonna reduced therefore credited
bank balance gonna increased therefore debited
cash balance gonna reduced therefore credited
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