give the journal entry a cheque from a coustomer amounted to Rs 5000 deposited in bank was returned dishonoured plzzzzz answer fast
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Answered by
21
customer Ac dr. 5000
to bank. Ac. 5000
(being dishonoured of cheque)
to bank. Ac. 5000
(being dishonoured of cheque)
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15
Answer: The journal entry is given below.
Explanation: Given that a cheque from a customer amounted Rs 5000 deposited in bank was dishonoured.
We are to state the journal entry.
At the time of depositing the cheque, the entry would be
Bank account Dr. Rs.5000
To Customer's account Cr. Rs.5000 (Being the cheque deposited into bank)
At the time of dishonoured the cheque, the entry would be
Customer's account Dr. Rs.5000
To Bank account Cr. Rs.5000
(Being the cheque dishonoured)
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