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What is the journal entry for cash withdraw?

Updated: 9/24/2023

Wiki User

∙ 10y ago

Best Answer

You write a cash withdrawal as follows: debit cash ; credit bank.

Wiki User

∙ 9y ago

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Wiki User

∙ 12y ago

Cash account Dr.

Bank account Cr.

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Wiki User

∙ 10y ago

Debit cash
Credit bank

This answer is:

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Q: What is the journal entry for cash withdraw?

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What kinds of journal entries of when cash withdraw from bank?

This kind of journal entry is called contra entry in which at both sides that is at debit side and credit side cash or bank is used.

How do you pass journal entry for cash withdraw from bank?

cash widraw is indirect expenses or what

Why contra entry passed for cash deposit and cash with drawls?

withdraw and deposit entry

What is the journal entry for cash at bank?

debit bankcredit cash

What is journal entry of purchase of raw material on cash?

The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX

Related questions

What kinds of journal entries of when cash withdraw from bank?

This kind of journal entry is called contra entry in which at both sides that is at debit side and credit side cash or bank is used.

How do you pass the journal entry of withdraw from the bank for office expenses?

[Debit] Cash xxxx [Credit] Bank xxxx

How do you pass journal entry for cash withdraw from bank?

cash widraw is indirect expenses or what

Why contra entry passed for cash deposit and cash with drawls?

withdraw and deposit entry

What is the journal entry for cash at bank?

debit bankcredit cash

What is journal entry of purchase of raw material on cash?

The journal entry is as follows: [Debit] Raw material XXXX [Credit] Cash/bank XXXX

What is the journal entry for donated cash?

[Debit] Cash [Credit] Donations

What is the journal entry for cash paid?

Debit accounts payableCredit cash

What is is the journal entry for cash in hand?

debit cash credit bank

What is the journal entry for depreciation?

debit depreciationcredit cash

What is journal entry for petty cash?

Debit petty cashCredit cash / bank

What is journal entry for equipment purchase made with cash?

debit equipmentcredit cash

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