बैंक से पैसा निकालने/जमा करने पर लेखा कृप्या चैनल को सब्सक्राइब जरूर करें/Bank se withdraw or dep...
Channel: M. K. MUNNA 6887 CLASS..
Date: 14/11/2022

cash deposit into a bank journal entry is a contra entry, and it's a contra account because this transaction does not affect the business operations. after all, the net effect is zero. we can record the transaction by debiting the bank account and crediting the cash account.
The Journal entry for cash withdrawn from the bank is a contra entry. Cash can be taken from the bank for two uses either for personal use (or) business use ...
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