In which categoury bank account comes?
personal or real
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Answer / kishore g
bank account comes in personal account category.
As for example when cash is deposited into bank the entry we
post is :
bank a/c Dr
To cash a/c.
in this case we debit the bank as it is receiving cash from us.
| Is This Answer Correct ? | 36 Yes | 0 No |
Answer / upendra reddy.g
Bank accounts is always personal accounts.
For Exp:- we are cash deposited in andra bank that time
general entry is...
Andra bank a/c Dr
To cash account.
| Is This Answer Correct ? | 13 Yes | 0 No |
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