Question

Cash sales against bearer cheque

Answer 1

Answer: bank a/c -------     dr.

                     to sales a/c

(being goods sold on cheque)

Explanation:

since sales is a nominal a/c  and Debit All Expenses And Losses, Credit All Incomes And Gains This rule is applied when the account in question is a nominal account...

also  bank is a personal a/c so debit the receiver and credit the giver ... here money is taken so it is debited

Answer 2

Answer:

Cash A/c. Dr

To Sales A/c

Explanation:

Cash is debit and sales is credit its for because...in this case cheque is not deposited into bank only giver can give the cheque to receiver and receiver cannot deposited cheque into bank.