Double entry in cash book is completed when _________________.

Salaries are paid by cheque

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Withdrawal of money from bank for personal use

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Deposited cash into bank

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None of these

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Solution

The correct option is A Deposited cash into bank
Option C is correct.
Deposited cash into bank Entry will be :- Bank A/c Dr.
To Cash A/c
Deposited cash into bank has effect on both Cash & Bank A/c.

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Similar questions

Enter the following transaction in a double column cash book of M/s Mohit Traders for January 2010.

$\begin{matrix} Rs. 1 & Cash in hand & 3, 500 Bank overdraft & 2, 300 3 & Goods purchased for cash & 1, 200 5 & Paid wages & 200 10 & Cash sales & 8, 000 15 & Deposited into bank & 6, 000 22 & Sold goods for cheque which was deposited into bank same day & 2, 000 25 & Paid rent by cheque & 1, 200 28 & Drew from bank for personal use & 1, 000 31 & Bought goods by cheque & 1, 000 \end{matrix}$

Q. When the overdraft as per cash book is the starting point, a cheque for Rs 500 deposited into bank but not recorded in cash book will be _________.

Prepare double column cash book from teh following information for September 2010

$\begin{matrix} Rs. 1 & Cash in hand & 7, 500 Bank overdraft & 3, 500 3 & Paid wages & 200 5 & Cash sales & 7, 000 10 & Cash deposited into bank & 4, 000 15 & Goods purchased and paid by cheque & 2, 000 20 & Paid rent & 500 25 & Drew from bank for personal use & 500 30 & Salary paid & 1, 000 \end{matrix}$

Prepare a double column cash book with the help of following information for December 2016:

		Rs
01	Started business with cash	1,20,000
03	Cash paid into bank	50,000
05	Purchased goods from Sushmita	20,000
06	Sold goods to Dinker and received a cheque	20,000
10	Paid to Sushmita cash	20,000
14	Cheque received on December 06, 2010 deposited into bank
18	Sold goods to Rani	12,000
20	Cartage paid in cash	500
22	Received cash from Rani	12,000
27	Commission received	5,000
30	Drew cash for personal use	2,000

Enter the following transaction in a double column cash book of M/s Mohit Traders for January 2017:

		Rs
01	Cash in hand	3,500
	Bank overdraft	2,300
03	Goods purchased for cash	1,200
05	Paid wages	200
10	Cash sales	8,000
15	Deposited into bank	6,000
22	Sold goods for cheque which was deposited into bank same day	2,000
25	Paid rent by cheque	1,200
28	Drew from bank for personal use	1,000
31	Bought goods by cheque	1,000

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Double entry in cash book is completed when _________________.

The correct option is A Deposited cash into bankOption C is correct.Deposited cash into bank Entry will be :- Bank A/c Dr. To Cash A/cDeposited cash into bank has effect on both Cash & Bank A/c.

The correct option is A Deposited cash into bank
Option C is correct.
Deposited cash into bank Entry will be :- Bank A/c Dr.
To Cash A/c
Deposited cash into bank has effect on both Cash & Bank A/c.