Question

Received cheque from m/s sharda & co.in full settlement of amount due from them

Answer 1

Answer:

Bank a/c Dr.

To M/s Sharada & Co.

(being received cheque from m/s Sharada &co.)

I hope you got it if so mark me as brainalist.

Answer 2

Answer:

Bank A/c      Dr

    To M/s Sharda & Co A/c  

Explanation:

Whenever a payment is received in business in the form of cheque, the amount to be debited is to the bank account.

Since payment us received by the m/s sharda and co a/c they are to be credited as Cr the giver.