Question

10- Which of the following transactions
leads to contra entry in the cash Book?
a-Paid rent 25000
b- Intrest received from Ram 7700
c-Goods purchased for Cash 29000
d-Withdrawal of 2 20,000 from bark​

Answer 1

Answer:

withdrawal of the amount from bank

Answer 2

D - withdrawal of 220000 from bank
As a cash book contains two columns cash and bank
And in this case
When we withdraw the money from bank we are receiving cash
And our amount of the money kept in bank is being decreased
So transaction is affecting both cash as well as bank side