Rectification of wrong entry

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129 Points Posted on 09 September 2021
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 ?
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On 09 September 2021 at 12:54 Report
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Quick Summary
This discussion addresses an accounting error where ₹31,800 was incorrectly shown as 'Cheque-in-hand' on a balance sheet. The cheque actually belonged to a previous financial year and had already been deposited. The advice given is to delete the incorrect entry and make a note of the correction.

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GST Practitioner & Accounts
15146 Points Posted on 09 September 2021
Please complete 6 th sentence . query is incomplete .
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On 09 September 2021 at 13:10
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129 Points Posted on 09 September 2021
How do i rectify this mistake ?
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On 09 September 2021 at 13:12
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My grammar is 💯 good I
7306 Points Posted on 09 September 2021

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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On 09 September 2021 at 15:23

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