Economics · Accountancy
Which of the following transactions does NOT constitute a contra entry in a standard double-column cash book?
- 1Rs. 4,000 cash deposited into the bank account
- 2Rs. 4,000 cash withdrawn from the bank for office/business use
- 3Rs. 4,000 withdrawn from the bank account for personal use by the proprietor✓
- 4A cheque received from a customer and deposited into the bank on the same day
Correct answer
Rs. 4,000 withdrawn from the bank account for personal use by the proprietor
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