Question

Which account shall be debited for issue of cheque to a regular supplier of Company?​

Answer 1

The account of the regular supplier of a company will be debited.

Explanation:

• the person who gives the cheque it is his account from which the money will be debited. It will be debited to the company who is receiving the cheque from the supplier.
• Debiting certain amount of money to an account means increase in the amount whereas credit means decrease in the money from the the account. crediting and debating our terms which are used during the transfer of the money from one account to the other