debit Rent expensescredit bank
DR. Bank (specifying the bank account name) CR. Cheques Under Collection
Debit supplies expensesCredit supplies inventory
debit accounts payablecredit bank
cash book
debit Rent expensescredit bank
Debit prepaid rentCredit bank
DR. Bank (specifying the bank account name) CR. Cheques Under Collection
Debit supplies expensesCredit supplies inventory
debit accounts payablecredit bank
cash book
debit redemption of debentures accountcredit cash / bank
debit accounts payablecredit notes payable
ISSUED ON THE AXIS BANK CHEQUES
debit cash / bankcredit shares in share capital account
Debit advertisement and promotionCredit cash bank
Compound journal entry is that entry which records more than one business transaction in one single journal entry.