Sir, i purchased a computer on march 10 and payment made by post dated cheque (cheque date 15 april), so it should be shown under "Cheque issued but not presented" ?
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Post dated cheque
Replies (4)
No. This cannot come in reconciliation. Since the date of issue is post march. The date of issue is the date written on the cheque and not the date on which it is handed over to party.
yes, it should not be shown in Reconcilation, but It should be shown as credit sales upto April ?
Yes. To be shown as credit sales.
Thank u bhaiya
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