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What is the journal entry when post dated cheque issued to supplier?
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∙ 9y ago
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What is the journal entry for stale-dated cheque?
Debit accounts payable/ expensesCredit bank
Journal entry for post dated cheque?
Debit expenses / accounts payableCredit bank
How will a post dated cheque you issued for your rent be treated in the balance sheet?
as liabilities
How do you write a letter for check misplaced?
To xxxxxxxx Sub: Misplaced of Cheque and issue a new cheque Dear Sir, I Received the Cheque which Issued by You on the name of " XXXXXXXXXXXXXX" the cheque Details as Below : Cheque No : XXXXXX Cheque Amt : X,XX,XXX/- Cheque Dated On : XX.XX.XXXX Drawn on : SBI Bank the cheque was misplaced by ME. So, we request you that Stop the Payment of Above mentioned Cheque. And Kindly issue a fresh new cheque in my name XXXXXXXXXXXXXXXx I will be thankful and oblige. Regards (XXXXXXXXXXXXx).
What is an antedated cheque?
If a cheque bears a date earlier than the date on which it is presented to the bank, it is called anti-dated cheque
What is the journal entry for post dated cheque is received?
debit bankcredit accounts receivable
What is the journal entry for stale-dated cheque?
Debit accounts payable/ expensesCredit bank
Journal entry for post dated cheque?
Debit expenses / accounts payableCredit bank
How will a post dated cheque you issued for your rent be treated in the balance sheet?
as liabilities
What does post-dating a cheque mean?
It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post dated cheque.
How do you write a request letter for holding cheque to a company?
Dear Sir Here i.................. request you to hold my cheque issued carrying no. ............, bank name) only for .............days that is till (date), which i issued in the name of ................. dated on............ Thanking You
What does Date posted mean?
It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post dated cheque.
What is post dated chaque?
A Post Dated Cheque is one in which the cheque date will be after todays date. Let us say I give you a cheque today with date October 15th 2011, then it will be a post dated cheque. The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.
What is security cheque?
The cheque issued to drawee as security or surety, for using in case the drawer fails to meet the future obligations arising during course of business transactions. Such cheque is usually but not necessary; post dated cheque, blank as to date, blank as to amount, rarely blank as to drawee, but never blank as to signature.
What is cheque discounting?
Client can take money from bank on the security of post dated cheques issued by their credit worthy customers. The bank in this case is certain that they will get the payment of this cheque on the due date from the customer of the client. Normally the cheques should not be dated for date which is later than 90 days from the date of discounting.
How do you write a letter for check misplaced?
To xxxxxxxx Sub: Misplaced of Cheque and issue a new cheque Dear Sir, I Received the Cheque which Issued by You on the name of " XXXXXXXXXXXXXX" the cheque Details as Below : Cheque No : XXXXXX Cheque Amt : X,XX,XXX/- Cheque Dated On : XX.XX.XXXX Drawn on : SBI Bank the cheque was misplaced by ME. So, we request you that Stop the Payment of Above mentioned Cheque. And Kindly issue a fresh new cheque in my name XXXXXXXXXXXXXXXx I will be thankful and oblige. Regards (XXXXXXXXXXXXx).
Can a banker pass a post dated Cheque?
No.
