Accountancy, asked by armygirl0001, 5 hours ago

journal for sales made to b&co for 40,000 and received a cheque​

Answers

Answered by gowthamipalani677
0

Explanation:

In accounting, the check received is recognized as the cash inflow and recorded the stated amount into the cash account. In other words, the company will debit the cash account when it receives the check from customers.

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