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Journal entry for cheque issue but not yet realised.
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Answer Posted / daljeet singh
AS PER ACCOUNTING STANDARDS JOURNAL ENTRIES SHOULD BE :
When cheque issued:
Party A/c Dr.
To Cheque issued but not realised A/c
When cheque Realised in Bank:
Cheque issued but not realised A/c Dr.
To Bank A/c.
| Is This Answer Correct ? | 13 Yes | 6 No |
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