Ask Experts Questions for FREE Help !
Ask
    abdulraheem786's Avatar
    abdulraheem786 Posts: 3, Reputation: 1
    New Member
    		  
    #1

    May 1, 2007, 11:38 PM
    Bounced Cheque
    Suppose the customer has made the transactions for the amount of Rs. 2500.00

    He gave the cheque for the amount Rs. 2500.00 and an entry is passed in AR.

    But the cheque is bounced then how pass the countra entry. What is the process.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
    Ultra Member
    		  
    #2

    May 1, 2007, 11:48 PM
    Dr. AR 2,500
    Cr. Cash 2,500
    venugopalarao's Avatar
    venugopalarao Posts: 14, Reputation: 1
    New Member
    		  
    #3

    May 5, 2007, 04:06 AM
    Ar a/c dr
    To bank a/c
    omu's Avatar
    omu Posts: 5, Reputation: 1
    New Member
    		  
    #4

    May 6, 2007, 03:27 AM
    Debtor ( customer ) a/c Dr. ( for cheque amount )
    Debtor ( customer ) a/c Dr. ( for bank charges , if any )

    To Bank a/c Cr.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Subtenanats cheque bounced [ 5 Answers ]

Is bouncing of cheque by the subtenant a criminal offence?can igo ahead and file a police case?please guide me thrgh this becs I have never been into any legal thing before? Regards Pooja

Subleasrs cheque bounced [ 2 Answers ]

Hii I subleased my apartment to a person> we got his credit rating checked and all. His cheque bounced to us ?What can we do now?The apartment is in wheaton,Illinois>

Bounced cheque-my trust on the bank let me down! [ 5 Answers ]

I received a cheque of 3000 pounds from a potential customer who claims to buy my used goods (worth £120). I deposited it in the bank,waited for 8 days (The bank promised 5 days to clear) and I found it available in my account. Feeling safe, I withdrew the amount of 2800 (after the fee and...

View more questions Search