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What is entry in TALLY for newly bank A/c open for company
at starting of business?
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Answer Posted / amjad faqih
Dear All,
First of all let me explain to all as following.
If company owner have cash & he start new busine
Received cash in company books.
By cash a/c -------- Dr
To Capital a/c ---------Cr
Then deposit cash to in Bank a/c
By Bank a/c -------- Dr
To Cash a/c -----------cr
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