Dear Chartered Accountants and Knowledgeable persons...
1. what is the cash withdrawal entry in bank ??? generally and Tally prime??
2. what is the cash deposited entry in bank ?? generally and Tally prime
3.what is the entry for withdrawals to payments entry to someone ?? generally and Tally prime
4. what is the bank entry for receipt which means cash recieved from another party???? generally and Tally prime
please clearly give me a journal entry both Tally prime and typically
First create withdrawals and deposits ledgers under indirect expenses and advances.
1. Dr. Withdrawals
Cr. Bank (it doesn't say capital withdrawals)
2. Dr. Bank
Cr. Capital
3. I didn't get your query
4. Dr. Bank
Cr. Debtor.
CAclubindia
