When a cheque received in the last week of a month and dishonored in the next month what will be the entry?

When a cheque received in the last week of a month is dishonored in the following month, the accounting entry will involve reversing the initial recognition of the cheque. The entry would typically be a debit to the accounts receivable (or cash) account and a credit to the dishonored cheque account or the relevant income account. This reflects the reversal of anticipated cash inflow, acknowledging that the payment was not received. Additionally, any applicable bank fees may also need to be recorded.