She advanced ratan and co by cheque rs 10000 What will be the journal for this Will this - Accountancy - Recording of Transactions - II

Question

She advanced ratan and co by cheque rs 10000 What will be the
journal for this Will this come in cash book

Neha Arora · Accepted Answer

Dear Student,

This is a entry for granting loan to Ratan & Co It will come in
Double Column Cash Book (credit side, bank column)

Journal

Date
Particulars
L
F
Debit
Amount
(Rs)
Credit
Amount
(Rs)

Loan to Ratan & Co
A/c
Dr

10,000

To Bank
A/c

10,000

(Granted loan and issued
cheque)

Journal
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)
	Loan to Ratan & Co. A/c	Dr.		10,000
	To Bank A/c				10,000
	(Granted loan and issued cheque)

She advanced ratan and co by cheque rs 10000. What will be the journal for this. Will this come in cash book