cheque issued to amar rs.50000 in full settlement of his account.journal entry
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Answer:
Amar A/C Dr.
To Bank A/C
Explanation:
Amar's A/C is personal A/C
debit the receiver
credit the giver
Amar A/C is debit because amar is receiver
Bank A/C is real A/C
what's comes in debit
what's goes out credit
Amount goes out to amar's A/C that's why bank is credit
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