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Categories >> Accounting >> Accounting AllOther
 
 


 

 
 Audit interview questions  Audit Interview Questions (427)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1898)
 Accounting General interview questions  Accounting General Interview Questions (2809)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4359)
Question
what is journal entries for cheque dishonored?
 Question Submitted By :: Accounting-AllOther
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
Custumer A/c Dr
TO Bank A/c
 
Is This Answer Correct ?    162 Yes 21 No
Mohamed Siddiq
 
Answer
# 2
If is acheque recd from customer and is dishonoured
1At the time of deposit
Bank a/c Dr
To Customer a/c
2.when the cheque was dishonoured we have to reverese it
Customer a/c Dr
To Bank a/c
 
Is This Answer Correct ?    51 Yes 2 No
Satyanarayana Raju
 
 
 
Answer
# 3
To Ram A/c Dr. 5000.00
By Bank A/c 5000.00
 
Is This Answer Correct ?    29 Yes 11 No
Raja Mohamed
 
Answer
# 4
In case of a cash withdrawal we wud hv passed Contra & that
has to be reversed. In case of a customer's cheque bounced I
suggest we can pass an entry as good as what we will do for
payment (in narration we hv to explain everything) At any
point of time the entry should not be canceled since the
bounced chq has to appear in customer's ledger to exhibit in
future.
 
Is This Answer Correct ?    12 Yes 3 No
Vpnarasimhan@gmail.com
 
Answer
# 5
albin a/c Dr
to federal bank
 
Is This Answer Correct ?    16 Yes 9 No
Albin Francis
 
Answer
# 6
CUSTMOR A/C DR
TO BANK A/C

CHQ RETURN ENTRY

BANK A/C DR
TO CUSTOMT A/C
 
Is This Answer Correct ?    16 Yes 10 No
Mukesh Sharma
 
Answer
# 7
if deposited cheque dishonoured
cash a/c dr
TO bank
just a reverse entry for deposited because cheque was not
honoured

if with drawl cheque dishonoured
Bank a/c dr
TO cash
just a reverse entry for with drawl because a cheque was
presented for with drawl the banker may dishonour
eg - insufficient funds
 
Is This Answer Correct ?    48 Yes 43 No
Ravipolina
 
Answer
# 8
hiiiiii satyanarayana Raju given correct answer 
Is This Answer Correct ?    2 Yes 0 No
Shiva
 
Answer
# 9
If is acheque recd from customer the entry will
1At the time of deposit
Bank a/c Dr
To Customer a/c
2.when the cheque was dishonoured we have to reverese it
Customer a/c Dr
To Bank a/c
 
Is This Answer Correct ?    5 Yes 3 No
Sheetal Kumar Garg
 
Answer
# 10
Customer a/c Dr
To Bank a/c

It is reverse entry of ceq.deposite in to Bnak
 
Is This Answer Correct ?    2 Yes 0 No
Nupur Shah
 

 
 
 
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If I purchased a machinary of Rs. 50,000 and Received a free printer of Rs. 3000 . What its Accounting entry?   14
 
For more Accounting AllOther Interview Questions Click Here 
 
 
 
 
 


   
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