I have received a cheque from customer and i deposited into
the bank next 4-5 days cheque has been bounced by the bank.
Pls tell me what is reverce entry in the tally for cheque
bounced and which option i will enter in journal or payment
entry.
Salary . is it direct exp or indrect exp.
- 9 Answers
- 58256 Views
- Prime Focus, I also Faced
- E-Mail Answers
Answer Posted / sankaranarayanan
when u have received a cheque from the customer, what entry u have passed.
Bank A/c Dr xxxx
Party Name A/c xxxx
(When u received from the customer).
If the cheque is returned then reverse
Party name A/c xxx
Bank A/c xxx
If the receipt is not posted in Income a/c.
| Is This Answer Correct ? | 128 Yes | 10 No |
Post New Answer View All Answers
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
is we can prepare any account for partnership in tally
on what rate depreciation will be calculated?
Explain the meaning of long-term notes payable is or long term liabilities?
Follow up ageing balances of Debtors & Creditors and also Inventory
Is buy or sale trade will impact on Nov? Yes/No Please explain.
You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically
Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
What do you know about this position?
GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?
Define balancing in accounting?
sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.
Explain what is liabilities and what all does include in current liabilities?
