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Subject - Accounting:

Financial Accounting

MCQ - 158-160

Question:

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

  1. Bank Account (Dr.) and Debtor's Account (Cr.)
  2. Debtor's Account (Dr.) and Bank Account (Cr.)
  3. Creditor Account (Dr.) and Bank Account (Cr.)
  4. Debtor's Account (Dr.) and Bank Account (Cr.)

Correct Answer: B

Explanation:

Not required

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Record Performance

355 MCQ for effective preparation of the test of Financial Accounting of Accounting section.

Read the MCQ statement: Which of the following entry will be recorded, if a cheque deposited is dishonored by bank? , keenly and apply the method you have learn through the video lessons for Financial Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 158-160.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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