check
debit bank accountcredit cash / bank
it is not included since the bank is already closed
Journal entry for opening a bank account
debit deposit for future subscriptioncredit cash / bank
Debit bank account 50000Credit cash 50000
debit bank accountcredit cash / bank
Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account
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.
it is not included since the bank is already closed
Journal entry for opening a bank account
debit deposit for future subscriptioncredit cash / bank
Debit bank account 50000Credit cash 50000
[Debit] Bank Account [credit] Cash Account
Debit term depositCredit cash / bank
debit certificate of depositcredit cash / bank
Bounced cheque entry is the reversal of original entry of cheque deposit as follows: [Debit] Cash account [Credit] 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.