Question

12/3/2016- received a cheque from somnath. RS 1800.
13/3/2016-endorsed somnath's cheque in favour of kanak
what will be the journal entry?

Answer 1

12/03/2016. bank a/c dr. 1800.
to somnath a/c 1800.


13/03/2016. kanak a/c dr. ***
to somnath a/c. ***