opened bank a/c by depositing 4000
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Bank A/c. Dr. 4000
To cash A/c. 4000
We debit the bank because it is receiver and we credit the cash because cash is going from the business .
Bank A/c. Dr. 4000
To cash A/c. 4000
We debit the bank because it is receiver and we credit the cash because cash is going from the business .
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