DEAR SIR/S,
IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED.
WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS.
KINDLY CLARIFY
THANKS®ARDS
PRABHAKAR
| Originally posted by :E S S PRABHAKAR | ||
| " | DEAR SIR/S, IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED. WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS. KINDLY CLARIFY THANKS®ARDS PRABHAKAR |
" |
YOU HAVE PASS A REVERSE ENTRY OF PAYMENT. PARTY A/C DEBIT AND BANK CREDIT.
yeh... Jyoti Malik is correct...
CAclubindia
