cash paid to banker. what is the journal entry for this?



0
give journal entry for the above transaction?

2 Answer(s)


1

may be -

Bank A/c to Cash a/c
and
cash a/c to bank a/c

it will be a contra entry...

correct me if I am wrong

0

Does your question mean you are depositing cash into your bank account ? If yes, then the entry will be
Bank A/c Dr , To Cash A/c. It is a Contra Entry.

When you do the opposite, Withdraw from Bank, the entry will be ..

Cash A/c Dr
To Bank A/c

This is also a Contra Entry.

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