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What is the journal entry for Stale Cheque?
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Answer / sathya kishore pidugu
Journal Entry for statle cheque
Bank Operative A/C Dr
To Statle cheque Liability A/C
When chque is being reissued to the party
Stale chq LaibilityA/C Dr
To Bank Operative A/c
| Is This Answer Correct ? | 73 Yes | 8 No |
Answer / amod krishnan
When the Payment Due
Vendor A/c Dr
To Bank A/c
Check Stailed
Bank A//c Dr
To Stale Check A/c
Re issue of Staled check
Stale Check A/c Dr
TO Bank A/c
| Is This Answer Correct ? | 26 Yes | 7 No |
Answer / dolly
the entry will be to reverse the earlier entry which was
made at the time of issuing the cheque.
| Is This Answer Correct ? | 29 Yes | 17 No |
Answer / mukund
For Payment,entry will be
Vendor a/c Dr
TO Bank a/c.
Then for stale cheque entry will be,
Bank A/c Dr
TO Vendor a/c
| Is This Answer Correct ? | 18 Yes | 17 No |
Answer / smitha
Stale Chq A/c Dr
To Bank
(Being cheque staled)
| Is This Answer Correct ? | 14 Yes | 23 No |
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
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