Which of the following entry will be recorded if a cheque-12785
Which of the following entry will be recorded, if a cheque deposited is dishonored by bank?
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Final Term - Quiz No.7.
Which of the following entry will be recorded, if a cheque deposited is dishonored by bank?
Bank Account (Dr.) and Debtors Account (Cr.)
Debtors Account (Dr.) and Bank Account (Cr.)
Dishonored Cheque Account (Dr.) and Bank Account (Cr.)
Creditors Account (Dr.) and Bank Account (Cr.)