Accountancy, asked by jobanbutter27550, 6 hours ago

Banked (cash sent to bank ) 80000

Answers

Answered by mdzeeshan7890
0

Answer:

Every entity deposits its idle cash in its bank account. Depositing cash in the bank account will fetch interest to the entity and also ensure safety of the money. Cash deposit in the bank is one of the most recurring transactions in every entity’s day-to-day business activity. So, it is important to know the journal entry for the same.

Explanation:

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Answered by hariuthiras
2

Answer:

date

Bank ac          Dr                     80000

To Cash Ac                                               80000

(Cash deposited into bank )

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