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Q: What is the Accounting entry of deposit in a close bank?
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What is the journal entry for cash deposit for Fixed deposit in bank?

debit bank accountcredit cash / bank


What is the general journal entry for cash deposit?

Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account


How can you entry in tally if cash deposit in bank?

If it is contra entry :Go to ACCOUNTING VOUCHER in tally 9 , after that mouse left click on CONTRA box on your left side or press F4, and then select BANK under Accounts , and select CASH under PERTICULARS.


What is the accounting treatment of deposit in closed bank?

it is not included since the bank is already closed


What is the journal entry for deposit to bank account for beginning a business?

Journal entry for opening a bank account


What is the journal entry for deposit for future subscription of stocks?

debit deposit for future subscriptioncredit cash / bank


What is a journal entry for opened a bank account and deposit 50000?

Debit bank account 50000Credit cash 50000


What is journal entry for cheq deposit?

[Debit] Bank Account [credit] Cash Account


What is the journal entry when a term deposit is created?

Debit term depositCredit cash / bank


What is journal entry to record certificate of deposit?

debit certificate of depositcredit cash / bank


What is an entry for bounced cheque?

Bounced cheque entry is the reversal of original entry of cheque deposit as follows: [Debit] Cash account [Credit] Bank account


Can the director of a corporation deposit company money into their personal bank account?

They can deposit money into their personal bank account but they shouldn't. It will mix funds and accounting and taxes will be challenging. They can also be accused of wrongdoing.