Question

journalise the transactions

i. shiv's cheque of rs.3,000 deposited in bank.
ii. shiv's cheque dishonoured(bank charges rs.10).
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its urgent... plz help​

Answer 1

Answer:

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. For example cheque received from Ram on 15th March is deposited on 18th March, following entries will be passed: 15/3 Cash A/c Dr.

Explanation:

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