Cheque received from a party
This query is : Resolved
Quick Summary
31 December 2024
Cheque received for Rs. 10 Lakhs on 31st March but date mentioned on cheque is 05th April . How to books it in our books of accounts.
Dhirajlal Rambhia
(Expert)
31 December 2024
Book it on the date of receipt.
31 December 2024
Sir
whether it can be booked as
Cheque in hand A/c Dr.
To Party A/c
whether it can be booked as
Cheque in hand A/c Dr.
To Party A/c
Dhirajlal Rambhia
(Expert)
31 December 2024
Yes, it can be, but generally it is reconciled with 'bank reconciliation amount'.
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