debit bank account and credit ram account
[Debit] Bank account [Credit] Cash account
debit bankcredit accounts receivable
cash A/c..................... Dr.. To Party's Name A/c................... Cr..
Debit bankCredit accounts receivable
debit the bank or cash and credit the supplier or the party from whom we received the cheque or cash
[Debit] Bank account [Credit] Cash account
debit bankcredit accounts receivable
debit bankcredit accounts receivable
cash A/c..................... Dr.. To Party's Name A/c................... Cr..
Debit bankCredit accounts receivable
debit the bank or cash and credit the supplier or the party from whom we received the cheque or cash
debit cheque under collectionCredit accounts receivable
Bank a/c DrTo Advance from the party A/c
There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book
no entry when invoices received, journal entry made when transaction occured and not when invoices received.
Debit rentCredit bank
There is no journal entry for bill received rather journal entry is made when bill is actually paid or when utility is actually utilized.