what is journal entries for cheque dishonored?
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Answer / muhammed firaj
if cheque deposit
Bank Dr.
customer cr.
Cheque return entry
Customer Dr.
Bank Cr.
Cash Dr.
Bank Cr.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bontle
When a chequed is sent back by the bank simply because
there is no money in the bank or the drawer has stopped the
proceedings the entries will go as follows:
dr Debtors control - because the cheque was marked R/D.
cr Bank - because there was not money entered into the bank.
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / b. anil kumar
ENTRY FOR BILL DISHONORED
BANK a/c DR
TO BILLS RECEIVABLE ac
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manas ranjan mahapatra
The ans is
Customer A/c Dr.
To Bank A/c
The reverse entry of Cash deposited into bank.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harshil bansal
Cheque received from Mr. S returned dishonored of RS. 20000
Mr. S A/C Dr
To Bank A/C
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / jaskaran singh
Customer A/C Dr.
To Bank A/C.
(Cheque is dishonored by customer)
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rajan monger
Can it is possible to make entry in the double column cash book???
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / rida shaikh
For example, one of our debtor gave a cheque of Rs. 1000 and the same cheque was given to our creditor samay. After few days samay informed us about the dishonour of cheque. so the entry will be
a ) Amrit's A/c
To Bank A/c
b) Bank A/c
To samay's A/c
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / anup kaushik
All answers given are not complete
What about bank charges which will be added in Debtors account
Is This Answer Correct ? | 0 Yes | 1 No |
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