what is entry of cash withdrawal from bank for office use?
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To Bank a/c. Here cash account will be debited since cash is withdrawn for office use, if there would be for personal use then drawing would be debited but not in this case, and here bank account will be credited since it is decreasing.
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The answer is:
Explanation:
To Bank a/c. Here cash account will be debited since cash is withdrawn for office use, if there would be for personal use then drawing would be debited but not in this case, and here bank account will be credited since it is decreasing
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