Question

A cheque amounted to 3,000 received from Ram credited in the account of Chandan​

Answer 1

Answer:

Chandan's A/C Dr 3000

To Ram's A/C Dr 3000

Explanation:

Bank A/C Dr 3000

To Ram's A/C 3000

(Right entry)

Bank A/C Dr 3000

To Chandan's A/C 3000

(Wrong entry)

Note: Chandan's A/C is opened accidentlly on the credit side, so to correct it we have to move it to the debit side.

So, the final entry will be:

Chandan's A/C Dr 3000

To Ram's A/C Dr 3000