Question

Received bank draft from Rakesh and deposited in bank rs 10000 .pass journal entry

Answer 1

The Answer Is 1234567890and this is

Answer 2

Answer:

Bank draft A/c Dr. -₹10,000

To Rakesh

——————————————————

Bank A/c Dr. -₹10,000

To Bank draft A/c

Explanation:

As bank draft is an asset for us and Rakesh was the debtor, so bank draft will be debited and Rakesh will be credited.

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