Hi everybody,

can anybody tell me what will be the journal entry for (

1). Withdraw from SBH Rs.10,000 for office use.
2). Withdraw from SBH Rs.5,000 for private use.

Thanks,

Answer Posted / nayeem islaahi

helo frnds its a contra entry..........let me clear

In A ledger book we have to mention

By cash

To Bank



Cash A/c dr. 10,000/-
To Bank A/c 10,000/-
(Being withdraw from bank for office use.)

Advances A/c dr. 5000/-
To Bank A/c 5000/-
(Being Cash Received Against Advance)

Is This Answer Correct ?    5 Yes 30 No



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