Question

Received a cheque of 16,000 from priya
I need accounting equation for these, Not journal entry

Nonsense answers will be reported
But best answers will be marked as brainliest ​

Answer 1

Answer:

write in a particular column

cheque received from Priya

and in asset side bank column add 16000

and in same asset side in debtors column subtract Rupees 16000

this is treatment of your question