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Bank statement transactions

Others 579 views 7 replies
🌟 Withdraw of Cash Rs 50000 from Canara bank


🌟 Cash Deposit of Rs 100000 to Canara bank


🌟 Cash Deposit to one bank to another bank Rs 25000( Canara bank to SBI bank)


Could you plse tell me the Journal entries of these three transactions having with " TO and " BY".....I need To and By concept
Replies (7)
Cash A/c Dr
To Bank A/c


Bank A/c. Dr
To cash A/c


Receiver Bank Dr
To Giver Bank A/c
By cash a/c Dr Rs 50000

To Canara bank


By Canara bank a/ c Dr

To. Cash



By SBI bank a/ c Dr

To Canara bank



My honourable CA , This is correct or not ' To and By concept??
@ MPR Sanjay Kumar ,

Your entries correct which come under contra entry
Yes, exactly
Thank you CA Rashmi mam and Eswar sit

Welcome ....... My Pleasure.........

These are all normal contra (cash bank contra). and another Dr. the receiver
cr. Bank.
as per Golden rule of accountancy.


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