whatis the treatment of cheque endorsement in cash book - Accountancy - Recording of Transactions - II

Question

whatis the treatment of cheque endorsement in cash book????

Manisha Arora · Accepted Answer

Dear Student, The endorsement of chaque will not be recorded in the
Cash Book because it does not affect the Cash or Bank balance For
receiving of chaque and endorsement of chaque, Journal Entries have
been passed, which are as follows:

Journal Entry

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

Cheque in hand A/c
Dr

To Debtor’s Personal A/c

(Cheque received from Debtors)

Creditor’s Personal A/c
Dr

To Cheque in hand A/c

(Cheque endorsed to a creditor)

Journal Entry
Date	Particulars		L.F.	Debit Amount (Rs)	Credit Amount (Rs)

	Cheque in hand A/c	Dr.
	To Debtor’s Personal A/c
	(Cheque received from Debtors)

	Creditor’s Personal A/c	Dr.
	To Cheque in hand A/c
	(Cheque endorsed to a creditor)