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Cash deposit 100000 Bank charges 50 cash witdrawn 5000 and cheque deposit 20000 paid electric expenses 5000 by bank What is this journal entry?
Most Upvoted Answer
Cash deposit 100000 Bank charges 50 cash witdrawn 5000 and cheque depo...
Contra or joint entry 4 same is bank a/c Dr. 109950 bank charges a/c Dr. 50 Drawings a/c Dr. 5000 Miscellaneous expenses a/c Dr. 5000 To cash a/c 110050 To cheque-in-hand a/c 20000
Community Answer
Cash deposit 100000 Bank charges 50 cash witdrawn 5000 and cheque depo...
Bank A/c Dr. 1,14,950
Bank Charges A/c Dr. 50
Electric Exp. A/c. Dr. 5,000
To Cash A/c. 1,20,000
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Cash deposit 100000 Bank charges 50 cash witdrawn 5000 and cheque deposit 20000 paid electric expenses 5000 by bank What is this journal entry?
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