Accountancy, asked by jb17200, 1 year ago

drew from bank journal entry?

Answers

Answered by Arslankincsem
15

The journal entry will be;

Drawings A/c Dr. (Amount)

To Bank A/c. (Amount)

Since you are drawing the cash, the account will be debited and the bank will act as a giver her making the bank account as credited one.

Since you are taking out the amount from an account hence it will work as credited.

Answered by liza10987654321
6

Drawing A/C .............. Dr.

To Bank A/C

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