Accounting · Cash Book
In a three-column Cash Book, which of the following transactions results in a contra entry?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Received a cheque from a debtor and deposited it the next day
- 2Withdrawal of cash from bank for personal use
- 3Payment made to trade creditors
- 4Withdrawal of cash from bank for office use✓
Correct answer
Withdrawal of cash from bank for office use
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