CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION
Answer Posted / sarin mohan
ABC A/C DR 22000
TO BANK A/C 20000
TO DISCOUNT RECIEVED 2000
When the CHEQUE DISSONORED the entry is
BANK A/C DR 20000
DISCOUNT RECIEVED DR 2000
TO ABC A/C 22000
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Do you know in accounting, vat abbreviates what?
Role-specific management accountant job interview questions:
What is accounting period?
'Talk me through an example of how you have used data to improve your teams productivity.'
In accounting, how do you define the premises?
What is the objective of the balance sheet?
What information is included in a bill for services?
Which accounting applications are your familiar with?
What is fitting and fixtures?
in trading credit why does goods sent on consignment come?
what will be the entry for inventory
Define "book value" as applied to accounting
how to finalised the Balance sheet & profit & loss A/C
is it related to b.com syllabus or puc syllabus
Do you know how many types of business transactions are there in accounting?