If A are issueing a Cheque to B when B will present the
Chq. in Bank than what entry will be prepare by the Bank in
Their Books ?

Answer Posted / r k

in the account of mr. A

B a/c Dr.
To bank A/c


another entry in the accounts of B

bank a/c dr.
to A a/c

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

on the basis accounting,acounting is divided in to how many classes and what are they?

1355


What are the purposes of maintaining control ledgers?

653


Is the shadow balance present in bank account always credited or bank may reverse it as well?

600


difition of reserve & surplus

1739


want to know the questions and answers frequently asking in banks at the time of interview for any cadre

1552






why we multiply no. of purchasing year with average profit

1559


Differentiate between consignor and consignee?

668


My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.

1446


what are the limitations of accounting ratios?

606


Tell me the meaning of long-term notes payable is or long term liabilities?

584


What is the journal entry of building rent and TDs payment?

1101


Tell me what are the three factors that can affect your cash flow and business profitability?

574


describe any accounting process that you have developed or revised

635


WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.

1652


Mention whether the account "cash" will be credited or debited when a company pays a bill?

668