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Cash remitted by our customer in our bank account.

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 December 2011 If cash is remitted by our customer in our bank account, to account the same, is needed to pass entry in cash book by issuing a cash receipt to customer and then passing a contra entry or credit the customer in bank book without entries in cash book.
which is correct ?
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
22 December 2011 You can make direct entry in bank book giving proper and full narration.
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anurag

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anurag (Expert)
23 December 2011 Generally practice followed is to dr bank directly.
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