when receieve cheque from a party and we deposite cheque in
bank
how do this entry

Answers were Sorted based on User's Feedback



when receieve cheque from a party and we deposite cheque in bank how do this entry..

Answer / amit kumar tiwari

Bank A/C Dr.
To Party A/c

(Cheque No......... Being Amount receive against
Bill/invoice No.......)


From
Amit Tiwari
aktiwari13@rediffmail.com

Is This Answer Correct ?    22 Yes 2 No

when receieve cheque from a party and we deposite cheque in bank how do this entry..

Answer / anwar

Party's A/c Cr
&
Bank A/c Dr

Is This Answer Correct ?    8 Yes 4 No

Post New Answer

More Accounting General Interview Questions

Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

0 Answers   Siemens,


Rent received in advance journal entry

4 Answers   Cognizant,


As per accounting standards, what is the meaning of "Short Term Liabilities and Long Term Liabilities:? As the Company can change the classification based on their business? Or these meanings are fixed?

4 Answers  


calculation of coast of goods sold

6 Answers   Capital IQ,


what is difference between trail balance and balance sheet

2 Answers   MC Packaging, Wipro,






Tell me did you use accounting applications at your previous companies or prefer working manually?

0 Answers  


where is transfer company director salary ? is in current liabilites , expenses or other?

5 Answers   Capital IQ,


How bank reconciliation statement is prepared

3 Answers  


what is ment by suspence account and dummy account

0 Answers  


I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

0 Answers  


if the chegue is post dated in the time of paying pre-paid insurense how can show the journal entry in the company book? please show that this journal entry

1 Answers  


what is Credit?

8 Answers  


Categories