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Rectification of wrong entry

Others 378 views 3 replies
I have mistakenly shown ₹31,800 as Cheque-in-hand in balance sheet ending 31.3.2020. The cheque is from a debtor and pertains to f.y. 2018-19 which is already deposited in the fy 2018-19. The debtor ha

How do rectify the mistake so that remove it from the balance sheet ?
Replies (3)
Please complete 6 th sentence . query is incomplete .
How do i rectify this mistake ?

2018 Bank a/c 

To Cheque in hand 

this is just a representation and it’s not possible in any books. Delete that entry and make a note. 


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