Question

Opening entry cash in hand rs870 and bankoverdraft rs 12000 pass this in cash book

Answer 1

To balance b/d 870 in receipt side .
By balance b/d 12000 in payment side.

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Answer 2

Hey there !

* Q,

Cash in hand 870
bank overdraft 12000

* Ans,

To balance b/d Rs 870 will be written on debit ( receipt ) side and By balance b/d Rs 12000 will be written on credit (payment) side .

Thanks

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