Bank Entries Doubt Generally and Tally prime

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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
Replies (3)

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.

Thoda waqt lagakar Accounting seekhlo.

Me or him. If you knew the answer yould contribute freely to all the students. 


CCI Pro

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