Question

issued cheque to guggu on behalf of bhavi 15000 journal entry​

Answer 1

Answer:

Please read expanation given hereunder

Explanation:

The entry will be

Guggu A/c Dr      Rs.15,000.00

 To Bank A/c                                            Rs.15000.00

(being cheque No          dated      issued to Guggu on belahf of Bhavi

Explanation

1. From the question it is not clear in which books of account we are to make the entries.  It was presumed that we are making entries in the books of accounts of Bhavi.

2. Further if, Bhavi  is our another customer, the entry will be

Bhavi          A/c Dr.          Rs.15000.00

 To   Bank A/c                                     Rs.15000.00

(being cheque issued to Guggu on behalf of Bhavi)