Question

amount withdrawal for office expenses journal entry ​

Answer 1

3 golden rules

• debit the receiver , credit the giver

• debit what comes in , credit what goes out

• debit all the expenses and losses , credit all the incomes and gains

analyse the question

• withdraw cash ie, cash comes into business the business therefore its Debited

bank is a personal A/c , where bank is giver in this case , therefore its credited.

Journal entry

Cash A/c Dr

To Bank A/c

(being cash withdrawn from bank for office use )

This also called contra entry

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Answer 2

Answer:

cash a/c. --- Dr.

To bank a/c

Answer 3

Answer:

cash a/c. --- Dr.

To bank a/c