Question

On 7 march cheque received from srijan 6200 and on 7 march cheque received from srijan endorsed to adit.on 10 March adit informed that srijan cheque was dishonoured .Now cash received from srijan and amount paid to adit through own cheque.​

Answer 1

Answer:

Explanation:

MARCH  7         CHEQUES IN HAND A/C DR   6,200.00

                               TO SRIAJN'S A/C                        6,200.00

                      (BEING CHEQUE RECEIVED FROM SRIJAN)

                        ADIT A/C DR          6,200.00

                              TO CHEQUES IN HAND        6,200.00

                    (BEING SRIJAN'S CHEQUE ENDORSED TO ADIT)

MARCH 10         SRIJAN'S A/C DR 6,200.00

                                TO ADIT'S A/C          6,200.00

                        (BEING SRIJAN'S CHEQUE DISHONOURD)

                       CASH A/C DR   6,200.00

                               TO SRIJAN'S A/C     6,200.00

                     (BEING CAH RECEIVED FROM SRIJAN)

                   ADIT'S A/C DR    6,200.00

                        TO BANK A/C              6,200.00

                 (BEING AMOUNT PAID THROUGH CHEQUE TO ADIT)