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Chq of Rs- 50000 recived from sunil Traders

Answer Posted / balvinder

Cheque Received (Current Asset)Dr.50000
 
To SUnil Trader A/c Cr. 50000

When Cheque will be Cleared Then......

Bank Dr.50000
To Cheque Received A/c Cr.50000

Is This Answer Correct ?    0 Yes 5 No



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