journal entries cash deposit into business current account 25000
Answers
Answered by
0
Answer:
bookkeeping entries to reflect the cash deposit bank journal entry. Debit: The cash is deposited at the bank increasing the balance in the bank account. Credit: Physical cash held by the business reduces when deposited at the bankA cash deposit bank journal entry is required when a business takes cash and deposits it into the bank account using a ...
Similar questions
Computer Science,
3 months ago
Chemistry,
7 months ago
Biology,
7 months ago
English,
11 months ago
Math,
11 months ago