Question

3 Received from Sunil 18 Received Loan from Sunil and deposited into Bank ​

Answer 1

Answer:

Received Loan from Sunil and deposited into Bank

• Cash A/c Dr.
• To Sunil
• [being received loan from sunil]

• Bank A/c Dr.
• To Cash A/c
• [ Being Cash deposit into bank ]

Explanation:

Received Loan from Sunil and deposited into Bank

Its showing two different journal entries, i.e divide the line into 2 parts

1. Received Loan from sunil.

2. Deposit into bank

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