Interested to Buy Any Domain ? << Click Here >> for more details...
if the chq is dishonored which entry will be passed????????
give example entry
- 2 Answers
- 4450 Views
- I also Faced
- E-Mail Answers
Answer Posted / g.v.s. ravi sharma (bhilai)
Normally when the cheque(ICICI) is received against commission and deposited into IDBI bank and gets dishonoured.
in such case (normally)entry will be
IDBI Bank ..................... dr.
Commission Received .................... cr.
in dishonoured case entry will be
commission received ..................dr.
IDBI bank.............................cr.
(for this a journal voucher should be attached.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
What does the abbreviation dr mean in accounting?
what are the limitations of accounting conventions
Hi,Friends, I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
what is bond wash transaction ,when we have to use it, and what is the procedure please help me with examle
Explain what is involved in the process of double-entry accounting?
Who uses accounting?
can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
Do you think there is any difference between inactive and dormant accounts?
What is meant by daily accrual and booking?
what is the last date of deposit TDS on liability for the assessment year 2010-11
what is ment by suspence account and dummy account
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.
