Question

What is meant by this statement and how to put it in journal(accounts): All payments were to be made by cheque. All the receipts were in cash and to be deposited in the bank in the morning of next day.

Answer 1

Answer:

pαrαﾚﾚεﾚ ςïrςuï† ïš hεﾚpƒuﾚ ωhεη εαςh dε∀ïςε hαš dεrεη† rεš†ïšεηςε αηd rεΩuïrεš dεrεη† ςurrεη† ƒ⊕r  ω⊕rκïηg αš ïη †hïš ςαšε †hε ςurrεη† dï∀ïdεš ï†šεﾚƒ †hr⊕ugh dεrεη† dε∀ïςεš.