What is the journal entry for Stale Cheque?
Answers were Sorted based on User's Feedback
Answer / sathya kishore pidugu
Journal Entry for statle cheque
Bank Operative A/C Dr
To Statle cheque Liability A/C
When chque is being reissued to the party
Stale chq LaibilityA/C Dr
To Bank Operative A/c
| Is This Answer Correct ? | 73 Yes | 8 No |
Answer / amod krishnan
When the Payment Due
Vendor A/c Dr
To Bank A/c
Check Stailed
Bank A//c Dr
To Stale Check A/c
Re issue of Staled check
Stale Check A/c Dr
TO Bank A/c
| Is This Answer Correct ? | 26 Yes | 7 No |
Answer / dolly
the entry will be to reverse the earlier entry which was
made at the time of issuing the cheque.
| Is This Answer Correct ? | 29 Yes | 17 No |
Answer / mukund
For Payment,entry will be
Vendor a/c Dr
TO Bank a/c.
Then for stale cheque entry will be,
Bank A/c Dr
TO Vendor a/c
| Is This Answer Correct ? | 18 Yes | 17 No |
Answer / smitha
Stale Chq A/c Dr
To Bank
(Being cheque staled)
| Is This Answer Correct ? | 14 Yes | 23 No |
If you get excess of cash Rs. 2000/- than what actually CashA/c shows. As an account what do U do?
What is maximum limit of cash payment per day by a company?
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?
defination of letter of credit
Expand ________FCD
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
How to Calculate Turnover?
6 Answers College School Exams Tests, TATA,
what is shares buy back And Stock plit.
how to do the finalise of account? what is the step? why we need to do like that?
fridge was capital or revenue?
what is the rule of debit and credit. Plz detail answer. thankful to you
What is the accounting treatment in the hands of reciever of bonus share or share recived due to demerger or share split.