Hello Can any body tell me what would be the entry passed for fhe following treatment
Cheque Returned dishonor of Branch under the dependent Branch Accouting System of Branch Accounting
Thanks in Advance.
5 Replies
CA Sumit Arora
(CA)
(1411 Points)
Replied 15 September 2009
I am doing a question of Branch accounting and i have found a difficulty while solving the problem I had seen a Problem Branch Cheque Returned Dishonor. What would be the entry passed for the above treatment
SSG
(1936 Points)
Replied 15 September 2009
To whom branch has sent the cheque? Which method are you following - debtor system, stock and debtor system, final accounts?
CA Sumit Arora
(CA)
(1411 Points)
Replied 15 September 2009
Stock and Debtor System. Branch has sent to H.O.
SSG
(1936 Points)
Replied 15 September 2009
Following entry be passed:
Branch Bank A/c Dr.
To H.O. Bank A/c
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