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what is journal entries for cheque dishonored?

Answer Posted / 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

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