if the chq is dishonored which entry will be passed????????
give example entry
Answer Posted / g.v.s. ravi sharma (bhilai)
Normally when the cheque(ICICI) is received against commission and deposited into IDBI bank and gets dishonoured.
in such case (normally)entry will be
IDBI Bank ..................... dr.
Commission Received .................... cr.
in dishonoured case entry will be
commission received ..................dr.
IDBI bank.............................cr.
(for this a journal voucher should be attached.
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is a trial balance in accounting?
What methods do you use to discover sales opportunities?
What is the general classification of accounts that usually ledger account involve?
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
what is the treatment for employee contribution and employer contribution in in pf in accounts under which head??
payment voucher for advance salary
Do you know what is double-entry accounting? Explain with an example?
Let me know the liability positions of Partners
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
What is ppe in accounting?
What is service tax & excise?
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
What is the abbreviation for the accounting terms debit and credit?
Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??