what will be entry for bank charges in cash book
Answers were Sorted based on User's Feedback
Answer / nageswara rao
No entry in Cash book
The Entry is
Bank Charges A/c Dr
To Bank A/c
| Is This Answer Correct ? | 51 Yes | 12 No |
Answer / akarsh gupta
The bank charges will be introduced on credit side;,
Because
The entire is: By bank charges a/c dr.
To bank a/c
| Is This Answer Correct ? | 16 Yes | 0 No |
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