Question

Amount withdraw from bank for office use rupees 15000 what will be entry

Answer 1

the transaction affects two accounts here..... bank a/c and cash a/c ..where both of them fall under "Real" accounts category.... Going by the golden rules for accounting related to 'Real'accounts.."What Comes in should be debited and what goes out should be credited"..here since cash is incoming/or increasing..it should be debited to that extent and since amount from bank is outgoing/or decreasing...it should be credited to that extent....When asset increase it should be debited and when it decreases should be credited.....so the journal Entry for amount withdrawn from bank for office use rs 15000 will be

Cash a/c. Dr. xxxxx

To Bank a/c. xxxxx

(being Cash withdrawn from the bank for office use)

Answer 2

Cash A/c  Dr    15000
      To bank A/c            15000
(being amount withdrawn from bank)