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?
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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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