PDC Issued and un presented that has become expired.
This query is : Resolved
27 November 2020
Have heard about Cheque reversal account but how can we use that to clear unpresneted cheques issued . What is the nature of the account and what entry to be passed to clear pdc issued unpresented to this account.
28 December 2020
No Accounting is required as it is not deposited/presented.
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