Accountancy, asked by Sakthisri3291, 1 year ago

Journal entries Opened bank account of Rs.400000

Answers

Answered by Balaanusha

Bank a/c Dr 400000 to cash a/c 400000

Answered by mehakshafqatp8iu1h

Hey, thanks for asking. Let me help you.
Opening bank account means that you are depositing cash in hand into bank.
Journal entry that you will pass for it will be:
Bank (dr) by 400,000
cash (cr) by 400,000

Hope you find it helpful !

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