How is the entry of someone paid cheque for future date ( entry of now and maturity date?)

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What do you suggest a right treatment (Entry) for PDC Cheque received?
Posted by:
Prakash Somani
20-May-2019

Question added by ghazal sa
Date Posted: 2016/12/06

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1 Answers

Muhammad Muaz Younas

by Muhammad Muaz Younas , Senior Executive , State Life Insurance Cooperation of Pakistan

Payable will Debits your liability account

Credits your Cash Account

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