Which of the following entry will be recorded, if a cheque deposited is dishonored by bank?

Question

TuteeHUB · Accepted Answer

Creditor Account (Dr.) and Bank Account (Cr.)

TuteeHUB · Answer

Bank Account (Dr.) and Debtors Account (Cr.)

TuteeHUB · Answer

Debtors Account (Dr.) and Bank Account (Cr.)RIGHT ANSWER!!!

TuteeHUB · Answer

Creditors Account (Dr.) and Bank Account (Cr.)

1.	Which of the following entry will be recorded, if a cheque deposited is dishonored by bank?
A.	Bank Account (Dr.) and Debtors Account (Cr.)
B.	Debtors Account (Dr.) and Bank Account (Cr.)RIGHT ANSWER!!!
C.	Creditor Account (Dr.) and Bank Account (Cr.)
D.	Creditors Account (Dr.) and Bank Account (Cr.)
Answer» C. Creditor Account (Dr.) and Bank Account (Cr.)

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