Accountancy, asked by laibaijaz747, 1 month ago

Double entry for
D Watson lent us $1000 paying us the money by cheque

Answers

Answered by dhamija326

1

Answer:

Explanation:

We received a cheque and if deposited in the same day with the Bank

Bank account Debit

To Loans and Advances: D Watson $1000

Answered by Muktansh

5

Answer:

Bank A/C Dr. $1,000

To D Watson A/C $1,000

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