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Journal entry enrty

This query is : Resolved 
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(Querist)
28 May 2015 dear experts,
goodmorning

my question is :-

1. should be passed Contra entry for withdraw by self cheque ?

2. May someone give self cheque to someone self cheque for Payment?
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CA. Sunil Gokhale

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CA. Sunil Gokhale (Expert)
28 May 2015 Contra entry should be passed for self cheque.

Self cheque cannot be used for payment. Bearer cheque can be used for payment. Only account holder can use self cheque for withdrawing money. Banks asks for id proof at the time of encashing cheques.
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jitu

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jitu (Querist)
31 May 2015

thanks a lot Gokhale sir
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