Bank Transaction Flashcards
Cash deposited into bank
Bank ac Dr
To cash ac
Cash withdrawn
Cash ac Dr
To bank ac
When cheque received from customer deposited on same day
Bank ac Dr
To customer personal ac
When cheque received from customer not sent to bank on same day
Cash ac Dr
To customer personal ac
On date when above cheques drafts are sent to bank
Bank ac Dr
To cash ac
When customer directly deposits amount in bank
Bank ac Dr
To customer personal ac
When cheque previously deposited is dishonored
Customer personal ac Dr
To bank ac
Cheque received and discount allowed deposited on same day
Bank ac Dr
Discount allowed Dr
To customer personal ac
Cheque dishonored the discount allowed to customer also be withdrawn
Customer personal ac Dr
To bank ac
To discount allowed ac
When payment made by issue of cheque
Personal ac Dr
To bank ac
When expenses paid by cheque
Expenses ac Dr
To bank ac
When cash withdrawn for personal use
Drawings ac Dr
To bank ac
Interest charged by bank
Interest ac Dr
To bank ac
Interest allowed by bank
Bank ac Dr
To interest received ac
Bank charges some amount for service
Bank charges ac Dr
To bank ac
