22 August 2008
Dear Sir,i am working as a account assistant in shilpa antibiotic ltd bangalore. my problem is in july month we issued a cheque on 15.7.08 of Rs 50000 to bank manager to issues dd in favor x a/c by mistake but it had credited to some y a/c Rs 50000 on 16.7.08 after complained to manager on 18.7.08 y had credited to our a/c back Rs 50000 i have allredy debited in cash book in the name of x on 15.7.08 but in the pass book it is Debited rs 50000 on 16.7.08 and again on 18.7.08 it is credited so what should i do shall i take how it is shon the pass book or any addjustment in the journal plz solve it by showing entery i will be very thankfull
22 August 2008
If the amount is not paid to X till date, then you have to pass
Bank A/c Dr To X A/c
If the amount is paid to X through Bank in the same month, then there is no need to pass any JV in our books. Bcoz the mistake is done by bank and no need to pass any entry in our books.
25 August 2008
It seems Bank has not made the DD so far. Ask Bank to issue DD. You need not passsed any entry. It shall be BRS entry in Amount Credited to Bank in Books but not debited by Bank
CAclubindia
