Question

Cheque received as advance against sale is paid into bank pass journal entry

Answer 1

bank account dr
to sales account cr
(cheque received in advance against sales)

Answer 2

Bank A/c  Dr  ......

   To advance against sales A/c  

or  

Bank A/c Dr  

      To advance A/c  

 Explanation:

Cheque received is a simple accounting transaction in which the bank account gets debited due to the increase of money in the bank account and the advances will deduct from the sales account because of the prepaid money through Bank.

This is a simple transaction in which the rule of accounting is being strictly followed. The rule is to debit the assets when the increase and credit the liabilities when they increase.

Learn more about journal entry

Sold goods to ram for journal entries

brainly.in/question/1718750

Brought furniture from S.R furnisher against cash journal entry

brainly.in/question/4697057