In cashbook what will be entry of opened a current account in s.b.i.
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Come will open that means only a statement
journal entry record only those transaction which are financial in nature. Statement or order cann't find place in the book of journal.
If only asked "to open bank Account" then the entry will be
Bank A/c .......Dr.
To Cash A/c
journal entry record only those transaction which are financial in nature. Statement or order cann't find place in the book of journal.
If only asked "to open bank Account" then the entry will be
Bank A/c .......Dr.
To Cash A/c
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