Accountancy, asked by kaju1234276, 6 months ago

hello what is the journal entry of deposited cheque in bank

Answers

Answered by bedikajoshi90

1

Answer:

▪︎Journal entry of deposited cheque in bank - Bank A/c Dr. To Cash A/c. (Being cheque deposited to the bank) The bank balance is an increase so it is debited and the cash balance is decreased so the cash balance should be credited.

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