Retail
End-of-Day Cash Count and Bank Deposit
Transferring the day's cash takings from the store till to the bank night safe.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Cash in Bank (Deposited) | Asset (+) | 4,850.00 | - |
| Cash in Hand (Store Till) | Asset (-) | - | 4,850.00 |
💡 Accountant's Note
The daily deposit transfers cash between two asset accounts — from the physical till to the bank account. This is not a revenue or expense event.
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