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What is the journal entry for Stale Cheque?
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Answer / sathya kishore pidugu
Journal Entry for statle cheque
Bank Operative A/C Dr
To Statle cheque Liability A/C
When chque is being reissued to the party
Stale chq LaibilityA/C Dr
To Bank Operative A/c
| Is This Answer Correct ? | 73 Yes | 8 No |
Answer / amod krishnan
When the Payment Due
Vendor A/c Dr
To Bank A/c
Check Stailed
Bank A//c Dr
To Stale Check A/c
Re issue of Staled check
Stale Check A/c Dr
TO Bank A/c
| Is This Answer Correct ? | 26 Yes | 7 No |
Answer / dolly
the entry will be to reverse the earlier entry which was
made at the time of issuing the cheque.
| Is This Answer Correct ? | 29 Yes | 17 No |
Answer / mukund
For Payment,entry will be
Vendor a/c Dr
TO Bank a/c.
Then for stale cheque entry will be,
Bank A/c Dr
TO Vendor a/c
| Is This Answer Correct ? | 18 Yes | 17 No |
Answer / smitha
Stale Chq A/c Dr
To Bank
(Being cheque staled)
| Is This Answer Correct ? | 14 Yes | 23 No |
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