Accountancy, asked by jppa, 10 months ago

bank informed about the dishonour of the cheque of Hari amounting to 1000 journal entry ​

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Answered by smartbrainz
2

A journal entry about the dishonour of the cheque of Hari.

the cheque is a very important and necessary medium of transfer of money from one person to other. However in our daily lives we see many instances where it has been misused. Although the reserve Bank of India and the government is taking strict rules however check fraud is one of the increasing crime that is taking place in our daily society. the bank in forms the dishonor of the cheque in terms of different  mishandled signature and other chances of duplicate RC of the cheque which was originally been issued by the bank.

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