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Received a cheque of Rs 75000/- from Kirthi traders on
behalf of anurag traders for material supply
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Answer Posted / balaji
Mr Raju i think the journal entry is as follows
bank a/c Dr 75000
To Kirthi a/c 75000
( Being Cheque received from kirthi traders)
why because we can receive cheque from kirthi traders so we
wrote that point
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