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Choudhury Bhabani Sankar

Choudhury Bhabani Sankar (Querist)
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05 June 2017 A cheque for Rs500 received from Yuvraj & Co. was dishonoured and debited to Discount Account. Due to rectification of this error, net profit will be ?

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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05 June 2017 Decreased by Rs.500/-

Choudhury Bhabani Sankar

Choudhury Bhabani Sankar (Querist)
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05 June 2017 mam can you please explain.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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05 June 2017 When a cheque dishonored it w

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Choudhury Bhabani Sankar

Choudhury Bhabani Sankar (Querist)
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05 June 2017 But mam here in the options there is only given a)decrease by 1000

Choudhury Bhabani Sankar

Choudhury Bhabani Sankar (Querist)
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05 June 2017 b) increase by 500 c) increase by 1000 & d) no change mam answer is given as b) increase by 500.

Choudhury Bhabani Sankar

Choudhury Bhabani Sankar (Querist)
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05 June 2017 mam that second part of the question is not understandable.

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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05 June 2017 Exactly mention the ques

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