Pending cheque payments on 31st march 2015

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 November 2015 I have accounted the payment in books but cheques not cleared.
Whether i can make provision of pending cheques if no what would be the proper accounting?

19 November 2015 You have passed the entry in the books for payment no further entry is required it will only reflect in the bank reconciliation statement.


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