Understanding the Journal Entry for Cheque Deposited
When a cheque is received from a customer, such as Raman, and subsequently deposited in the bank, it is essential to record this transaction in the books of accounts. The journal entry captures the increase in cash resulting from the bank deposit.

Journal Entry Structure
The journal entry for depositing the cheque from Raman will typically be:
- **Debit: Bank Account**
- **Credit: Accounts Receivable (or Customer Account)**

Detailed Explanation
- **Debit: Bank Account**
- The bank account is debited because depositing the cheque increases the cash balance in the bank. This reflects an asset increase, as cash is a vital resource for any business.
- **Credit: Accounts Receivable (or Customer Account)**
- The accounts receivable account is credited, indicating that the amount owed by Raman has been settled. This reduces the receivable balance, reflecting that the customer has paid their dues.

Example of the Journal Entry
Here is how the journal entry would appear:
Date Account Title Debit Credit
YYYY-MM-DD Bank Account XXXX
Accounts Receivable (Raman) XXXX

Conclusion
Recording this transaction accurately is crucial for maintaining precise financial records. It ensures that the cash flow and customer balances are correctly reflected, aiding in effective financial management and reporting.