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This query is : Resolved 
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(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
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CA KAMLESH INDERCHAND JAIN

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CA KAMLESH INDERCHAND JAIN (Expert)
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
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E S S PRABHAKAR

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E S S PRABHAKAR (Querist)
21 August 2009 Thank you verymuch sir
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