Cash paid into the bank
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3
Explanation:
Cash Paid into Bank:
When cash is paid into bank, Bank Account receives and Cash Account gives the benefit and the double entry is complete by debiting the Bank Account and crediting the Cash Account. An Account cannot receive and give both at the same time.
Answered by
1
Answer:
Deposite
is known as when we put our money in bank
and when
we take our money out from the bank it is known as withdraw
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