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Double check issued

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(Querist)
15 June 2015 A bill entered in the books and issue the manual cheque twice and both cheque cleared in the bank.

What will the entry of second cheque.

Please Advise.
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CA Kapil Verma

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CA Kapil Verma (Expert)
15 June 2015 You can treat it as advance

CA Kapil Verma
Founder- www.taxadvizer.com
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
15 June 2015 Treat it as advance or if there are no future transaction ask party to refund it dear



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Yogesh Sharma

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Yogesh Sharma (Querist)
16 June 2015 Dear Sir,
Party agreed to issue the new check payable to us.But I want to know the treatment what will be the entery of second cheque in the books
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Rupesh Jain

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Rupesh Jain (Expert)
16 June 2015 when you recd the cheque then you have to entry

Bank a/c
to party a/c
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
17 June 2015 Same entry as first cheque..payment entry..and then receive it back

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