Withdrew £5000 from bank for business use. How do will treat this transaction on ledger?
Answers
Answered by
0
cash a/c dr. 5000
to bank a/c. 5000
here two accounts are involved cash and bank.of they're treated as one then contra entry
to bank a/c. 5000
here two accounts are involved cash and bank.of they're treated as one then contra entry
Similar questions