Question

When cash is deposited into bank account which following account is debited

Answer 1

When cash is deposited into bank, Bank A/C is debited .

Following Journal Entry will take place when cash is deposited in the bank.

Bank A/C dr

      To Cash A/C

( Being cash deposited into bank )

From the above Journal Entry we can see that Bank A/C will be debited and cash A/C  will be credited.

As we are depositing cash into bank and bank is one of our asset so it is increasing and it will be debited.

As cash is also one of our asset but it is reducing or decreasing so it will be credited because if assets are increasing they will be debited and if they are decreasing then they will be credited.