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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