withdrawen from bank
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Answered by
1
Answer:
cash AlC dr xxx
to bank AlC. xxx
(being cash withdrawn from bank)
Answered by
1
Answer:
Hey!!
This is a contra entry as it involves both the bank and cash a/c.
Journal entry :-
Cash a/c Dr Rs.X
To Bank a/c Rs.X
(Withdrew money from bank for office use)
Drawings a/c Dr Rs.X
To Bank a/c Rs.X
(Withdrew money from bank for personal use)
Hope this helps you
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