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What is the journal entry for withdrew capital from bank?

Anonymous

∙ 11y ago

Updated: 9/23/2023

Debit owner capital
Credit bank

Wiki User

∙ 11y ago

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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 capital expenditure?

Debit capital expenditureCredit cash / bank

What is the journal entry for capital stock?

Debit Cash / bank / goods Credit Capital account

Will an increase in common stock require a journal entry?

Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital

What is the journal entry of commenced business with a cash capital in tally?

[Debit] Cash / bank [Credit] Capital account

Related Questions

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 capital expenditure?

Debit capital expenditureCredit cash / bank

What is the journal entry for capital stock?

Debit Cash / bank / goods Credit Capital account

What is the journal entry for paid up capital?

Debit cash / bank / assetsCredit share capital

What is journal entry for share capital paid?

debit share capital accountcredit cash / bank

What is the journal entry when capital is introduced by depositing into bank?

Debit Bank account xxxx Credit Capital account xxxx

Will an increase in common stock require a journal entry?

Yes, it requires a journal entry as follows:debit cash / bank / assetscredit share capital

What is the journal entry of commenced business with a cash capital in tally?

[Debit] Cash / bank [Credit] Capital account

What is the journal entry of business started with cash deposite in to bank?

show me journal entery answer started buiness

What is the journal entry of deposited in bank and contributed 39000 to start a business?

debit bank 39000credit capital account 39000

How you pass journal entry openig capital in pvt ltd?

[Debit] Cash / bank xxxx [Credit] Capital account xxxx

What is the journal entry when the owner deposits money into the business?

[Debit] Cash / bank [Credit] Owners capital

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