If we have received a check from customer on 02 feb.10,
deposited in bank on 3rd and check cleared on 5th feb. what
are the journal entries should be passed for all three
days?
Answer Posted / vinay
1. Cheques on hand A/c Dr
Clear Customer A/c Cr
2. Bank A/c Dr
Chequest on Hand A/c Cr
3. Bank clearing A/c Dr
Bank A/c Cr
Is This Answer Correct ? | 6 Yes | 6 No |
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