Question

received crossed cheque from Aparna cash 5000​

Answer 1

Answer:

Bank account. DR. 50000

To Aparna. account. 50000

(being cheque received from aparna )

Answer 2

Complete Question:

Received crossed cheque from Aparna cash 5000 journal entry​

The correct journal entry will be bank account debit and Aparna account credit

• A journal entry is the record of the financial transaction of a business in its financial books.
• The transactions of a business are recorded in a journal, which indicates the debit and credit balances.
• In the given case, the account will be debited since the money is coming to the bank. This is so because the check is always deposited in the bank.
• Up to the received amount, Aparna will be credited to cancel the present debit balance.
• Thus, the correct journal entry will be -

Bank A/c. Dr.     5,000

To Aparana A/c 5,000

( Being the cheque received from Aparna)

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