WAEC Book Keeping 2025 Objective — Question 28
Question 28 of 42 from the West African Examinations Council (WAEC) Book Keeping 2025 Objective paper, with the correct answer and a full explanation.
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The entries for cash drawn from the bank for office use are:
- A. Debit bank account; credit cash account
- B. Debit cash account; credit bank accountCorrect
- C. Debit cash account; credit drawings account
- D. Debit bank account; credit drawings account
Explanation
Withdrawing cash from the bank for office use increases the cash account and decreases the bank account, so we debit cash account and credit bank account.
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