Accountancy, asked by ls4843228, 11 months ago

Deposit in to bank 4000

Answers

Answered by babushall
7

Explanation:

golden principles of accounting .

personal account rule

dr- the receiver.

cr- the giver.

real account rule

dr- what comes in.

cr- what goes out.

nominal account rule.

dr- all expenses and losses.

cr- all incomes and gains.

the journal entry will be....

bank a/c dr 4000

to cash a/c 4000

( being cash deposited in the bank).

here bank a/c is debited because it received the cash.refer personal account rule.

here cash a/c is credited because it is going out of the business. refer real a/c rule

Answered by tanmoyvestige
2

Answer

Let us recall the rules of journal

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

Now

The journal entry will be

Bank A/C         DR       ₹ 4000

    To Cash A/C                     ₹ 4000

( Being Cash deposited in the bank ₹ 4000  )

                                                                                                               

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