how to enter ATM withdrawal
transaction in tally
Answers were Sorted based on User's Feedback
Answer / arun
contra entry in tally
Cash A/c Dr.
To Bank
(Being Cash withdrawn by ATM)
| Is This Answer Correct ? | 187 Yes | 17 No |
Answer / nadeem khan
simple ans, what we are gatiing "cash" so cash should be debited and cash coming from ATM,ATM nothing but bank ,BANK should be credited.
it is a contra entry in tally,
cash a/c .....dr
to bank a/c
naration :withdraw cash from bank
| Is This Answer Correct ? | 77 Yes | 12 No |
Answer / amarendra kumar swain
contra entry in tally
Cash A/c Dr.
To Bank
(Being Cash withdrawn by ATM)
| Is This Answer Correct ? | 64 Yes | 7 No |
Answer / kiran dinesh joshi
If we are withdrawal some amount from atm like 20,000
Credit bank a/c
And cash a/c dr
| Is This Answer Correct ? | 16 Yes | 4 No |
Answer / priya sharma
previous answer was right by mistaken i clicked no...
| Is This Answer Correct ? | 13 Yes | 17 No |
Answer / lakshmi
cash a/c Dr
To suspense account
(cash drawn by ATM)
| Is This Answer Correct ? | 10 Yes | 38 No |
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