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what is journal entries for cheque dishonored?

Answers were Sorted based on User's Feedback



what is journal entries for cheque dishonored?..

Answer / muhammed firaj

if cheque deposit

Bank Dr.

customer cr.


Cheque return entry

Customer Dr.

Bank Cr.


Cash Dr.

Bank Cr.

Is This Answer Correct ?    1 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / bontle

When a chequed is sent back by the bank simply because
there is no money in the bank or the drawer has stopped the
proceedings the entries will go as follows:
dr Debtors control - because the cheque was marked R/D.
cr Bank - because there was not money entered into the bank.

Is This Answer Correct ?    1 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / b. anil kumar

ENTRY FOR BILL DISHONORED


BANK a/c      DR
    TO BILLS RECEIVABLE ac

Is This Answer Correct ?    0 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / manas ranjan mahapatra

The ans is
Customer A/c Dr.
To Bank A/c

The reverse entry of Cash deposited into bank.

Is This Answer Correct ?    0 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / harshil bansal

Cheque received from Mr. S returned dishonored of RS. 20000

Mr. S A/C Dr
To Bank A/C

Is This Answer Correct ?    1 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / jaskaran singh

Customer A/C Dr.
To Bank A/C.
(Cheque is dishonored by customer)

Is This Answer Correct ?    0 Yes 0 No

what is journal entries for cheque dishonored?..

Answer / shiva

hiiiiii satyanarayana Raju given correct answer

Is This Answer Correct ?    2 Yes 3 No

what is journal entries for cheque dishonored?..

Answer / rajan monger

Can it is possible to make entry in the double column cash book???

Is This Answer Correct ?    0 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / rida shaikh

For example, one of our debtor gave a cheque of Rs. 1000 and the same cheque was given to our creditor samay. After few days samay informed us about the dishonour of cheque. so the entry will be

a ) Amrit's A/c
To Bank A/c
b) Bank A/c
To samay's A/c

Is This Answer Correct ?    0 Yes 1 No

what is journal entries for cheque dishonored?..

Answer / anup kaushik

All answers given are not complete
What about bank charges which will be added in Debtors account

Is This Answer Correct ?    0 Yes 1 No

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