Question

What is the journal entry?
Received from Avinash by cheque​

Answer 1

Answer:

Therefore, while recording such transaction, only asset account is debited including expenses, and cash account is credited. For example; machinery purchased for Rs. 90,000 and paid immediately Rs. ... Therefore, in this case, investment account is debited and cash account is credited

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Answer 2

Answer:

Explanation:

Cash recieved ac dr

To avinash ac