Drew and cashed cheque for office use
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Drew and cashed cheque for office use..
It means that cheque is come in the business i
e in the form of cash.. Hence cash account is debited to business and from where this cash come i. e. Bank is credited to business.
So journal entry will be
Cash a/c.. Dr.
..... To Bank a/c...
[. Being drew cash from bank.]
It means that cheque is come in the business i
e in the form of cash.. Hence cash account is debited to business and from where this cash come i. e. Bank is credited to business.
So journal entry will be
Cash a/c.. Dr.
..... To Bank a/c...
[. Being drew cash from bank.]
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