Cheque Received And Deposit Journal Entry
Cheque / Check received a nd deposited into b a nk involves two types of journal entries. (i ) Jou r nal Entr y For Cheques Received But N ot Deposited Into Ba nk (ii) Jour nal Ent ry For Cheques Received And Deposited Into Ba nk In the first type of entry we deb it Cash Accou nt and credit Accounts Receivab le / De b tor Accou nt from whom the cheque is received. Cash a/c XXX Accou nts Receivab le a/c XXX ...