Which Entries comes in Receipts & which entries in
Payments,any payment & Income is received through cheque
that entries will appear in it or we have to pass it in journal.
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Answer Posted / narasimha rao
ERECEIPTS ENTRIES ARE COMES UNDER RECEIPTS.T RENT IS
RECEIVED THROUGH CHEQUE WHEN ENTRY IS
BANK A/C DR
TO RENT A/C
PAYMENTS ENTRIES ARE COMES UNDER PAYMENT COMMISSION PAID
THROUGH CHEQUE WHEN ENTRY IS
COMMISSION A/C DR
TO BANK A/C
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