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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 / mohamed siddiq

Custumer A/c Dr
TO Bank A/c

Is This Answer Correct ?    617 Yes 92 No

what is journal entries for cheque dishonored?..

Answer / satyanarayana raju

If is acheque recd from customer and is dishonoured
1At the time of deposit
Bank a/c Dr
To Customer a/c
2.when the cheque was dishonoured we have to reverese it
Customer a/c Dr
To Bank a/c

Is This Answer Correct ?    568 Yes 51 No

what is journal entries for cheque dishonored?..

Answer / m jan

When cheque dishonored the entry will be;
Customer a/c
To Bank A/c

Is This Answer Correct ?    287 Yes 29 No

what is journal entries for cheque dishonored?..

Answer / anjali

at the time of deposit

bank
to customer

at the time ofishonour

customer
to bank

Is This Answer Correct ?    95 Yes 15 No

what is journal entries for cheque dishonored?..

Answer / nupur shah

Customer a/c Dr
To Bank a/c

It is reverse entry of ceq.deposite in to Bnak

Is This Answer Correct ?    70 Yes 14 No

what is journal entries for cheque dishonored?..

Answer / albin francis

albin a/c Dr
to federal bank

Is This Answer Correct ?    47 Yes 18 No

what is journal entries for cheque dishonored?..

Answer / raja mohamed

To Ram A/c Dr. 5000.00
By Bank A/c 5000.00

Is This Answer Correct ?    100 Yes 72 No

what is journal entries for cheque dishonored?..

Answer / ajith

customer a/c Dr
To bank a/c

Is This Answer Correct ?    35 Yes 8 No

what is journal entries for cheque dishonored?..

Answer / vpnarasimhan@gmail.com

In case of a cash withdrawal we wud hv passed Contra & that
has to be reversed. In case of a customer's cheque bounced I
suggest we can pass an entry as good as what we will do for
payment (in narration we hv to explain everything) At any
point of time the entry should not be canceled since the
bounced chq has to appear in customer's ledger to exhibit in
future.

Is This Answer Correct ?    27 Yes 11 No

what is journal entries for cheque dishonored?..

Answer / mukesh sharma

CUSTMOR A/C DR
TO BANK A/C

CHQ RETURN ENTRY

BANK A/C DR
TO CUSTOMT A/C

Is This Answer Correct ?    41 Yes 33 No

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