Question { Bajaj, 60885 }
Journal entry for cheque issue but not yet realised.
Answer
Mr Singh Saab Cheques issue means issuing of cheque to
others towards due settlement or for advance. At the time
of issue we will debit the party account and credit
banker.The realisation will be known to you only with the
bank pass bok or statement. Try to understand or learn the
practice of accounts.