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Received a cheque from mohan and endorsed it to suresh Rs 3000...
What should i journal entry pass in tally and which vocher....please tell me sir
Replies (9)
who is suresh? he is your creditor?
or
employee?
or
bank representative
or
employee?
or
bank representative
PASS ENTRIY IN JOURNEL
SURESH A/C DEBIT 3000
MOHAN A/C CREDIT 3000
HERE I ASSUMED MOHAN IS DEBTOR AND SURESH IS CREDITOR
IN WHICH FAVOUR OF CHEQUE
Suresh is creditor
Suresh a/c Dr. 30000
To cash cr. 3000
I think this entry is true
This is not dishonour cheque
just debit suresh and credit mohon. And narration will be, being the cheque of mohon as debtors give it to the suresh as creditor.
Whatyi pass entry for DD
DEAR SIR , I mean whom name is write on the cheque and in whom bank a/c has deposit
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