Depositing the cash takings in the bank
Transaction
At the end of the week a shop takes {amount} in banknotes and coins out of its cash register and pays it into its bank account.
Assumptions: The cash sales were recorded when they were made. The bank charges no fee for the deposit.
No equivalent in this convention
In US textbooks the Cash account covers both currency on hand and bank deposits, so paying currency into the bank changes no account balance and needs no journal entry.
Choose another convention above to practice this entry.