I want to make an entry in the general ledger to bring the chequing account balance as of today's balance at the bank and I know I have to debit the chequing account however which other account do I have to credit ?
Why are you making this adjustment? There will usually be a difference between your ledger balance and your bank balance due to timing differences with regard to unpresented cheques etc.
The answer will depend on the type of adjustment you are making.
Just a quick point, I see you are in Canada. As this is primarily a UK forum, we will only be able to answer general questions
