How to pass entries for cheque credit?

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Pass the purchase credit entry ?
Posted by:
MOHAMMED ABDUL HAMEED
04-August-2016

Banking

Question added by abdul basith , accountant , confidential
Date Posted: 2015/12/16

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by Nadeem Ansari , SR. ACCOUNTS EXECUTIVE , M/s. Al-Hoshani Group of Companies

Companies books of Accounts the Entry is Bank Account Debited & Account Receivable Credited on the other hand the Bank should pass the entry Companies Debited & Accounts Payable Credited

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