Anand receives cheque of 1000 from babu and deposits into bank.For this anand will debit- a.Bank A/c b.B's A/c c.cash A/c d.Fixed deposit A/c
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Answer:
OPTION :- (A)
bank A/c Dr
To Babu
_________^.^________
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heyaa,,,
______________________________
journal entry for the above transaction will be :
Bank a/c Dr 1,000.
to Babu. 1,000.
(being cheque received from babu.)
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