cheque dishonoured journal entry
Answers
Answered by
3
Explanation:
When payment made by u then if, cheque is dishonour then journal entry in book will be as follows:
1 when payments made by cheque.
Payee A/c Dr.
To Bank A/c
2 when cheque is dishonour
Bank A/c Dr.
To payee A/c
Journal entries in the books of payee..
1 when payments received by him( payee) by cheque..
Cash A/c Dr.
To trade receivables A/c
2 when cheque is deposited into the bank
Bank A/C Dr
To cash A/c
3 when cheque is Dishonoured
Debtors A/C Dr
To Bank a/c
Answered by
0
Answer:
Payee A/c Dr
to bank A/c
Explanation:
Similar questions