Question

Capital paid into bank journal entry
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Answer 1

Answer:

Bank a/c. DR

To cash a/c.

Explanation:

we are depositing the money into the bank.,so bank is receiver. debit the receiver. so we debited the bank. cash is going out from the firm. credit was what goes out. so so cash account should be credited.

Answer 2

Bank a/c dr.
To cash a/c