Accountancy, asked by rathicgowda252, 1 year ago

withdrawal cash from atm office use

Answers

Answered by RohitSaketi
2
Withdrawal of cash from atm for office use ..

even if the money is withdrawn from Atm...still amount is actually paid by bank..so ATM a/c is an inappropriate thing..Bank a/c is the correct one..

so this transaction affects two accounts ... Cash a/c and Bank accounts are Real accounts.. (they are because because cash(cash in hand) and Bank(cash at bank) are assets..and All assets and Liabilities come under Real account)


we know that...

Real account - Debit what comes in, credit what goes out..

so.... The Journal Entry will be..

Cash a/c Dr. ××××

To Bank a/c. ×××××

(being cash withdrawn from bank )
Answered by kanhaiyaavp
0
heyaa;
it's journal entry will be
cash a/c Dr
to bank a/c.
(being cash withdrawn from bank for office use)
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