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What are the journal entries for the cheques recivable?

Journal Entries
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Question added by sajid ali , General Accountant , Reeh Al Taybah Trading w.L.L
Date Posted: 2016/08/09
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Radwa Mourad
by Radwa Mourad , Accounting Analyst / Financial Accountant , Trans Business for Trading & Distribution

if your company is using ERP system the journal entries should be as follows 

Dr. Safe box check under collection

    CR. AR special GL

Dr. Bank ( remittance)

     Cr. Safe box check under collection

Dr. Bank

      Cr. Bank (remittance)

Dr. AR special GL

 

      CR. AR normal GL

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