Question

Opened a bank account by depositing 16,000​

Answer 1

Journal entry

Bank A/CㅤㅤDr... ㅤㅤ₹ 16000

ㅤㅤTo Cash A/Cㅤㅤㅤㅤ₹ 16000

( Being the cash deposited in bank for opening of Bank A/C )

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