Accountancy, asked by sreedharisreedharan0, 3 months ago

double column cash book question answer

Answers

Answered by XxaaliasharmaxX

3

Answer:

The deposited amount is written in the bank column on debit side and cash column on credit side. The withdrawn amount is written in the cash column on debit side and bank column on credit side. Important: The contra entry is made only when the cash is withdrawn for business use.

Explanation:

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