Question

How to pass contra entry in casse of cash deposited in bank

Answer 1

Cash deposited into Bank:

Bank A/C Dr.

To Cash A/C

(Being cash deposited into Bank)

In Cash Column :

Bank A/C XXXX

In Bank Column Just Opposite Side:

Cash A/C XXXX

Answer 2

Contra entry is passed in cash book only on two occasions..

1) When Cash is deposited into the bank

2)When Cash is drawn from bank for office use

=> Contra entry for the first one above is

"To Cash" in the debit side. .. Amount in the bank column

"By Bank" .... Amount in the cash column.

=> Contra entry for the second one above is.

"To Bank " in the debit side.... Amount in the cash column.
"By Cash " in the credit side.. Amount in the Bank column.