Bank reconciliation statement - Stale cheque
This query is : Resolved
10 June 2009
Please clarify about stale cheque (i.e., one which exceeding six months for clearing) what is the reverse entry.
Please reply
Thanks,
Regards,
Ganesh.S
Please reply
Thanks,
Regards,
Ganesh.S
10 June 2009
DEBTORS a/C DR...
TO BANK
TO BANK
10 June 2009
Please clarify how it is credit...... because as a Company issues cheque made entry as
concerned expenses a/c........ dr
To Bank a/c
For this want to pass reversed journal entry......... (stale cheque)
concerned expenses a/c........ dr
To Bank a/c
For this want to pass reversed journal entry......... (stale cheque)
10 June 2009
I favor the expert
you have not paid the amount to party, you have given a cheque only, which has been stale its mean no amount paid to party therefore you have to reverse the entry as expert suggested.
regards
you have not paid the amount to party, you have given a cheque only, which has been stale its mean no amount paid to party therefore you have to reverse the entry as expert suggested.
regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- Is Aadhar PAN linking required for opening bank account?
- Applicability
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Offsetting interest income against derivative trading losses
- RCM - commercial rent paid to URP under GST
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
