Multiple choice

The goods worth Rs. 60,000 were sold to Rajesh on 5th April, 2010 and this entry is passed in the books. A cheque of Rs. 60,000 was received from Rajesh on 9th April, 2010 and this entry is passed in the books. On 10th April, 2010, the cheque is sent to the bank for collection. What will be the entry passed on 10th April, 2010?

  1. Dr. Bank a/c & Cr. Rajesh

  2. Dr. Cash a/c & Cr. Bank a/c

  3. Dr. Bank & Cr. Cash

  4. Dr. Cash & Cr. Rajesh
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

on 9th April, 2010 the cheque is treated as a cash & on 10th April, 2010 cash deposited in form of cheque; so Bank is debited & cash is credited.

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