Velmurugan withdrew cash i need journal entries
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Velmurugan a/c debit and the amount will be in bank column ( in case of normal journal)
if it is in cash book or triple cash book then it will be..
To bank a/c debit the amount will be in cash column and in credit side it will be By cash a/c the amount will be in bank column
Explanation:
it will be an contra entry becz he is withdrawing the money from bank ...as we know in triple cash book .... if in question withdrawn or deposited is given then always remember it will be an contra entry
Answered by
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Explanation:
drawing a/c Dr
to cash a/c
(being cash withdrew by velmurgan )
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