CHEQUE ISSUED TO ABC 20000 & DISSOUNT RECEIVE 2000
THE CHEQUE DISSONORED
WHAT ENTERY THIS TRANSACTION

Answer Posted / mohd rashid

at the time of issuing cheque to party


abc a/c dr 22000
to bank a/c cr 20000
to dis received 2000

and when cheque dissonored

bank a/c dr 20000
dis received a/c dr 2000
to abc cr 22000

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Statory Books ?

1829


is we can prepare any account for partnership in tally

3234


bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

2581


what is debit balance report in SAP?. how do you describe DB report in brief.

1525


What is the difference between personal account real account and nominal account?

640






What are the rules for debit and credit for different accounts to increase the amount in your business accounts?

655


What is Capital Commitments means?

1806


in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

1493


What elements of your job do you find most difficult?

6281


6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?

1552


Tell us depreciation and its types?

633


What is the use of form D in sale tax

1450


Explain compound journal entry.

597


In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

1389


Hai i have completed MBA in HR(major) And Marketing (minor). Now applying FInance if it possible please tell me

1249