Business Studies, asked by mkamaraj984296, 12 hours ago

Cash paid into the bank

Answers

Answered by llItzDeadlyThreatsll
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 mahimasinghkpop
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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