what is entry of .paid into bank
If the cash is paid into the bank then the entry will be:
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Particulars | L.F. | Debit Amount Rs | Credit Amount Rs | ||
Bank A/c | Dr. |
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| To Cash A/c |
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(Cash is deposited into the bank) |
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If Cheques- in hand are deposited into the bank then the entry will be:
Journal | |||||
Particulars | L.F. | Debit Amount Rs | Credit Amount Rs | ||
Bank A/c | Dr. |
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| To Cheques-in-Hand A/c |
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(Cheques deposited into the bank) |
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