cheque is a part of amount transaction with related to
bank.if have to pay to money to party,supplier etc.than we
have used cheque on the place of money. when we issue a
cheque to party than who is hold of money mention on
cheque. so we can easily say that cheque is part of money
cheque is an instrument in writing containing an
unconditional order,addressed to a banker sign by a person
who has deposited money with the banker,requiring him to
pay on demand a certain sum of money only to or to the
order of certain person.
A company paid Mr.R an advance payment of Rs 5000 as tour
allowance. After the tour R, submitted travel bill with a
expense of Rs3000. He return Rs 1000 and claimed to pay the
rest 1000 on a future date. Please pass the journal entries.