Accountancy, asked by sriganeshandco5278, 4 days ago

Withdrew cash from bank for office use double column cash book

Answers

Answered by riyaprajapati81
1

Answer:

The withdrawn amount is written in the

cash column on debit side and bank column on credit side. Important: The contra entry is made only when the cash is withdrawn for business use. If cash is withdrawn for personal use, it will be recorded only in the bank column on credit side of the cash book.

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