PLEASE SEND ME WHAT IS ENTRY OF CHEQUE DISHOUNER
Answers were Sorted based on User's Feedback
Answer / satyaki_raju@yahoo.com
All the above 4 answers are not clearly understandable and
the question itself is not clear.
Respected shiva kumar you forgot to mention the entry to be
passed in whose books of accounts.
In case of issuing party the entries will be
At the time of issuing cheque
Party a/c dr
To Bank a/c
At the moment of dishonour
Bank a/c dr
To Party a/c
It means the partys credit position remains the same
In case of receiving party
Bank a/c dr
To Debtor A/c
While at dishonour
Debtor a/c dr
To Bank a/c
Is This Answer Correct ? | 35 Yes | 0 No |
Answer / ranjeet
reverse intery will be passed ,and maintion dishouner date
in our book
Is This Answer Correct ? | 9 Yes | 5 No |
Answer / sahil thakral
personal Dr.
bank charges a/c Dr.
To bank a/c
(being cheque dishonoured)
Is This Answer Correct ? | 0 Yes | 1 No |
Answer / shiva kumar
Personal a/c dr
Bank Chgs A/c dr
TO bank A/c
Is This Answer Correct ? | 0 Yes | 6 No |
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