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CHEQUE CONFUSION

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(Querist)
26 May 2011 at what date should i record the entry for transactions through cheque??

FOR PAYMENTS BY CHEQUE: date of issue of cheque

FOR CHEQUE RECEIPT: DATE ON WHICH CHEQUE IS RECEIVED.

AM I CORRECT???
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Ashok Asthana

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Ashok Asthana (Expert)
26 May 2011 You are right

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