23 August 2008
Dear Sir,i am working as a account assistant in shilpa antibiotic ltd bangalore. my problem is in july month we issued a cheque on 15.7.08 of Rs 50000 to bank manager to issues dd in favor "X" a/c by mistake but it had credited to some y a/c Rs 50000 on 16.7.08 after complained to manager on 18.7.08 y had credited to our a/c back Rs 50000 i have allredy debited in cash book in the name of x on 15.7.08 but in the pass book it is Debited rs 50000 on 16.7.08 and again on 18.7.08 it is credited so what should i do shall i take how it is shon the pass book or any addjustment in the journal plz solve it by showing entery i will be very thankfull
24 August 2008
No need to make any changes in you Bank Book/Cash Book Amresh as you have correctly debited the amount and its the fault on part of the bank that you can easily explain to the Assessing officer if need arises.
CAclubindia
