1.

Deposit in to bank 4000

Answer»

EXPLANATION:

golden principles of accounting .

personal account rule

dr- the receiver.

CR- the giver.

real account rule

dr- what comes in.

cr- what goes out.

nominal account rule.

dr- all expenses and losses.

cr- all incomes and gains.

the JOURNAL entry will be....

bank a/c dr 4000

to cash a/c 4000

( being cash deposited in the bank).

here bank a/c is DEBITED because it RECEIVED the cash.refer personal account rule.

here cash a/c is credited because it is going out of the business. refer real a/c rule



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