Drew from bank for office use
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2
Answer:
cash a/c Dr amt
To bank a/c amt
Answered by
2
Answer:
Journal entry
Cash A/c Dr 5000
To bank A/c 5000
(being cash withdrawn from bank )
Explanation:
this entry is also called as contra entry
cash A/c- real account , cash comes in therefore its debited
bank A/c- personal , banker is a payee therefore its credited
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