Bounced check

Also referred as non-sufficient funds (NSF) check, dishonored check, bad check, hot check, cold check. A check returned by the bank due to insufficient balance in the account on which the check was drawn. In other words a check presented for the payment but the amount written on check is exceeding the amount available in bank account

Double Entries

Bank                                                        DR 

     A/C Receivable                                             CR 

When a check is received from a debtor

A/C Receivable                                     DR

                    Bank                                               CR

When a check is dishonoured