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This query is : Resolved
E S S PRABHAKAR
(Querist)
21 August 2009
DEAR SIR/S,
IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED.
WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS.
KINDLY CLARIFY
THANKS®ARDS
PRABHAKAR
IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED.
WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS.
KINDLY CLARIFY
THANKS®ARDS
PRABHAKAR
21 August 2009
On receipt of Cheque pass entry as
Bank a/c Dr
To Party A/c Cr
On Bouncing of Cheque pass enty (Pass Payment Voucher)
Party A/c Dr
To Bank a/c Cr
Bank a/c Dr
To Party A/c Cr
On Bouncing of Cheque pass enty (Pass Payment Voucher)
Party A/c Dr
To Bank a/c Cr
E S S PRABHAKAR
(Querist)
21 August 2009
Thank you verymuch sir
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