Journalize the transaction :
1. 1 March 2021 : Cheque received from Ram of 20000.
2. 8 March 2021 : Cheque received on 1 March deposited into bank .
Give Explanation to your answer.
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ram a/c....dr 20000
to bank a/c.... 20000
bank a/c....dr 20000
to cash a/c.... 20000
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