Answer / subhash

Dr. ------------------Bank A/c
Cr. ------------------------------ Party A/c

just a reverse workin of payment voucher and
in case of Receipt the cheque

Dr. ---------------- Party A/c
Cr. ---------------- ----------- Bank A/c

Answer / rajanikar reddy

DebtorsA/C---------Dr
To Bank A/C

Answer / suman sharma

in case of payment chq bounce:

Dr. Bank A/c
Cr. ------ Party A/c

just a reverse in case of Receipt the cheque :

Dr. ---------------- Party A/c
Cr. ---------------- ----------- Bank A/c

Answer / sheetal kumar garg

customer a/c dr

To bank a/c

Answer / tejas birajdar

Do it at the time of Payament- First you have to check that
whether the check has been reterned in the same month if
yes then you no need to pass the payment entry in your
books as the check has been bounsed. from your a/c only
Debit the bank charges OR you have to reclass the payment
entry from your books if the first payament entry has been
recorded.

Do it at the time of Receipt- No need to pass this entry if
the check bounsed in the same month OR Reclass the receipt
entry from your books if you has been passed.

Answer / vijay

debitor a/c dr
bankchcarges a/c dr 
  to main bank a/c
(payment time)

Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

0 Answers  

Difference between Provisions and reserves

4 Answers   Accenture,

TDs Return in Excel format

2 Answers  

Under the accrual basis of accounting, when revenues are reported in the accounting period?

0 Answers  

On January 20x2, the balances of ABC Ltd's provision of doubtful debt account was $1510. During the year, a total of 3750 of account recievable was written of as bad debts. The balance in the provision for doubtful debts account at 31st Dec was 1450. What is the total amount of bad debt recognised this year?

2 Answers  

what is the difference between an A/C Payee cheque and a bearer cheque?

1 Answers  

Tell me in balance sheet, where do you show tds?

0 Answers  

journal entry for prepaid insurance and salary outstanding

0 Answers  

Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit

2 Answers  

the following information wads extracted ffrom the book of a business man :debtors as on 31/12/1987 $25000 bad debts during 1987 $1000.provision for doubtful debts is to be maintained at 5%. a provision for discount is also at 2%. you are required to calculate the amount set aside in respect of provision for doubtful debts and provision for discounts on debtors respectively

1 Answers  

What is the mean of capital in account

5 Answers   Syntel,

A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

0 Answers   Jaguar,