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debit the bank or cash and credit the supplier or the party from whom we received the cheque or cash

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15y ago

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What is the journal for ganesh issued cheque to us?

The journal entry for a cheque issued to you by Ganesh would typically involve recording the receipt of cash or bank deposit. The entry would be: Debit Cash/Bank Account and Credit Ganesh's Account. This reflects the increase in your cash or bank balance due to the cheque received from Ganesh.


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What will be the entry in cash book when cheque is paid to bank?

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


What is the journal entry for cheque of another bank deposited to bank?

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