what is the journal entry for cheque withdrawn for office use
Answers
Answered by
5
The entry in this instance will be as followed -
Bank A/C --- Dr.
To Cash A/C
(Being cheque withdrawn/presented for payment for Office USE)
This entry will be similar to that of the entry of Cash being Withdrawn from the BANK, but mention that a cheque was presented for payment everytime in the narration of the transation.
Similar questions