CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION

Answer Posted / kanwarpal

cheque issue entry:-
ABC A/c Dr - 18000
Bank a/c cr - 18000

Discount entry:-
ABC a/c DR- 2000
Pur Disc CR- 2000

Cheque Dissonored entry:-
Bank a/c Dr-18000
ABC a/c CR-18000
Bank A/c CR (Chq Dissonored chg)for example 100/-
Bank Chg A/c DR (Chq Dissonored chg) for example 100/-

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