Accountancy, asked by kookyth96972013, 6 hours ago

journal entry for cheque issued to bank to his personal account from the received cheque​

Answers

Answered by sghvvishald11a
1

Answer:

please thanks for the answer

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Explanation:

The company can make the journal entry for receiving check from the customers for settling of the receivable by debiting the cash account and crediting the accounts receivable.

Answered by uniquelady
1

Answer:

Issuing cheque means you are paying to someone. That's why your bank should be credited as it reduces your bank balance. And the person's or creditor's account should be debited.

Explanation:

Hope it will help you ^_^

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