Question

Journal entry for cash received from ram and deposited inti bank

Answer 1

Answer:

Since Ram is a Debtor, on receipt of cash from Ram, Ram's A/c would be credited, as there is a decrease in Debtors which is an asset . According to the Rules of Debit and Credit, when an asset is decreased, the asset account is credited . ... So Cash A/c would be debited.

Explanation:

You question should be like this -

Journal entry for cash received from ram and deposited into the band.

Okay...

Answer 2

Answer:

cash a/c dr to bank a/c cr