Accounting entries for cheques of last year in current month

ramana (M.Com) (28 Points)

25 July 2016  

1. chequs issued in the month of Jan'16.  Now recd the physical cheques which become statle.

what are the entries to be passed,.  As last year books closed and entries to be passed in the current month.

cheques reissuance is not required.

2. Inaddition to the above, for reissuance of new cheques what will be treatment.