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what is journal entries for cheque dishonored?

Answers were Sorted based on User's Feedback



what is journal entries for cheque dishonored?..

Answer / sheetal kumar garg

If is acheque recd from customer the entry will
1At the time of deposit
Bank a/c Dr
To Customer a/c
2.when the cheque was dishonoured we have to reverese it
Customer a/c Dr
To Bank a/c

Is This Answer Correct ?    9 Yes 5 No

what is journal entries for cheque dishonored?..

Answer / ravipolina

if deposited cheque dishonoured
cash a/c dr
TO bank
just a reverse entry for deposited because cheque was not
honoured

if with drawl cheque dishonoured
Bank a/c dr
TO cash
just a reverse entry for with drawl because a cheque was
presented for with drawl the banker may dishonour
eg - insufficient funds

Is This Answer Correct ?    51 Yes 50 No

what is journal entries for cheque dishonored?..

Answer / sridevi

Cash A/c Dr
To Bank A/c

Is This Answer Correct ?    18 Yes 17 No

what is journal entries for cheque dishonored?..

Answer / raghu

personal account [Dr.]
To Bank [Cr.]

Is This Answer Correct ?    2 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / disha

Cumstomer A/c Dr
Bank A/c CR

Hope its helpful :)

Is This Answer Correct ?    1 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / renu pandey

Customer's a/c Dr
To Bank a/c

Or

Bank a/c Dr
To cash a/c

(Reverse of cash deposited into bank)

Is This Answer Correct ?    2 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / deepak yadav

DEEPAK A/C DR.
TO BANK A/C CR.

Is This Answer Correct ?    1 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / faizan khan

Cash A/C Dr
To Bank A/C

Is This Answer Correct ?    1 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / priyabrat swain

When at the time of cheque received.
Ans: Bank A/c Dr.
To Mr. X A/c Cr.
. When that cheque was dishonored then entry will be pass
Mr. X A/c Dr.
To bank A/c Cr.

Is This Answer Correct ?    1 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / aashish shrestha

Name/customers a/c-Dr
To bank a/c

Is This Answer Correct ?    1 Yes 0 No

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