Question

paid check to ravi₹12000​

Answer 1

Answer:

Ravi A/C Dr... ₹12000

To Bank A/C ₹12000

( Being the cheque paid to Ravi )

Explanation:

Always remember

That if the cheque is received but not deposited into the bank then journal entry will be of Cash A/C ( here the Cash A/C will be Debited )

&

if the cheque is received and deposited into the bank on the same day then the entry will be of Bank A/C ( here the Bank A/C will be Debited )

but

If the cheque is paid to someone then the entry will be of Bank A/C ( here the Bank A/C will be Credited ).

Hope it may help you...

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