journalise the following : received a cheque of rs 8000 from anurag
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Answered by
11
When a cheque received is not deposited on the same day, it is taken in the cash account and when it is deposited in bank, then a contra entry is passed.
here nothing is mentioned about the deposit of cheque in bank....so the journal entry will be...
cash a/c dr 8000
to anurag a/c 8000
reenaajayjha123:
thanks for ans
Answered by
13
heyaa,,,
journal entry will be :
cheque in hand a/c Dr 8,000
to anurag 8,000.
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