Question

received cheque from Jagan for rupees 1500 discount allowed rupees hundred cheque received from jagan is dishonoured Bank charges rupees 10 for dishonour of cheque show in triple column cash book

Answer 1

Answer:

When amount deposited either cash or cheque in bank, we have to debit the bank column of cash book and in correspondence to that bank credit our A/c when cash or cheque is deposited in bank.

In case if cheque gets dishonored bank immediately debits our A/c which is maintained in bank's A/c book which results in less balance as per passbook than cashbook balance as the same is not recorded in the cash book.

Explanation:

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