Withdrawn cash from Bank for office. prepare journal entry
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Journal entry is that
Drawing A/c. Dr.
To bank A/c.
( being cash withdrawn for office )
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The journal entry: Cash a/c ………..
Dr. To Bank a/c: As the name of the account is -cash a/c,
The nature of account is - real account, application of journal rules — cash comes in personal account-rule---
Debit the receiver, Credit the giver.rule of real account——-
Debit What comes in, Credit What Goes Out.
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