CHEQUE CONFUSION
This query is : Resolved
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???
FOR PAYMENTS BY CHEQUE: date of issue of cheque
FOR CHEQUE RECEIPT: DATE ON WHICH CHEQUE IS RECEIVED.
AM I CORRECT???
26 May 2011
You are right
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