Answers!
Entry will be
Bank A/c Dr
To Cash
This is because asset which increases is debited
bank increases,so it is debited
Asset which decreases is credited
cash decrease so it is credited
learn more here
https://www.teachoo.com/804/246/Rules-for-Debit-Credit/category/Rules-For-Debit-Credit/
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Answer the question...
Entry will be
Bank A/c Dr
To Cash
This is because asset which increases is debited
bank increases,so it is debited
Asset which decreases is credited
cash decrease so it is credited
learn more here
https://www.teachoo.com/804/246/Rules-for-Debit-Credit/category/Rules-For-Debit-Credit/
Comment