Question

1 point
3. Withdrawal of Cash from
Bank is recorded in Cash Book
as :
O
(a) Debit of Bank Column and Credit
of Cash Column
O
(b) Debit of Cash Column and Credit
of Cash Column
(c) Debit of Cash Column and Credit
of Bank Column
O
O
(d) Debit of Bank Column and Credit
of Bank Column​

Answer 1

Answer:

$\sf{\bold{\red{(c)Debit \: of \: Cash \: Column }}}$

$\sf{\bold{\orange{and \: Credit \: of \: Bank \: Column}}}$

Explanation:

The withdrawn amount is written in the cash column on debit side and bank column on credit side.

The contra entry is made only when the cash is withdrawn for business use. If cash is withdrawn for personal use, it will be recorded only in the bank column on credit side of the cash book.

Answer 2

Answer:

(c) debit of Cash Column and Credit

of Bank Column

is the right answer