Question

Received a cheque from Mohan but not deposited into the bank will be debited to___________.​

Answer 1

Received a cheque from Mohan but not deposited into the bank will be debited to Mohan.

Explanation:

• In order to withdraw cash from the bank, the amount is entered on the payment side and cash column in the cheque.
• The bank account is debited means money is withdrawn from the bank.
• Debited is the opposite of credited.
• The entries are made on cheque along with cash, bank account number and date, and time for a personal record.

Answer 2

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