CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION
Answer Posted / simar
Bank a\c dr 2000
To discount received a\c 2000
Cheque has been dishonured that's why payment entry will
not be passed.
Is This Answer Correct ? | 1 Yes | 3 No |
Post New Answer View All Answers
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
What is the abbreviation for the accounting terms debit and credit?
Tell me what is trial balance in accounting?
What is an accounting loss?
What are the effects when intangibles and tangible assests decrease
Explain me is any difference between inactive and dormant accounts?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
How P/E ratio usefull to the different people?
From the following particulars taken on 31 December, 1995, you are required to prepare a bank reconciliation statement to reconcile the bank balance shown in the Cash Book with that shown in the Pass Book: (i) Balance as per Pass Book on 31 December, 1995, O/D Rs 1,027. (ii) Four cheques drawn on 31 December but not cleared till January are as follows: Rs 12; Rs 1,021; Rs 98; and Rs 113. (iii) Interest on O/D not entered in Cash Book Rs 51. (iv) Three cheques received on 30 December and entered in the bank column of the Cash Book but not lodged in bank for collection till 3 January next: Rs 1,160; Rs 2,100; and Rs 2,080. (v) Cost of cheque book, Pass Book, etc; Rs 1.50 entered twice erroneously in Cash Book in November. (vi) A Bill Receivable for Rs 250 due on 29 December, 1995 was passed to the bank for collection on 28 December, 1990 and was entered in Cash Book forthwith whereas the proceeds were credited in the Pass Book only in January following. (vii) Chamber of Commerce subscription Rs 10 paid by bank on 1 December, 1990 had not been entered in the Cash Book. (viii) Bank charges of Rs 5 had been debited in the pass book twice erroneously. . . . plz be fast
Tell me in balance sheet, where do you show tds?
Sir how the enter of GST adjust of sales return
What is customer account?
WHY U HAVE CHOOSE ICWA WHY NOT CA
What are the reasons which cause pass book of the bank and your bank book not tally?