Cheque isseud but not presented
This query is : Resolved
15 March 2010
Cheque issued but not presented by supplier. How this be treated in books & B/S.
15 March 2010
If you have accounted the transaction on the date of issuing the cheque, nothing else to be done in books and balance sheet. Consequently book balance and bank balance will differ to the extent of uncashed cheques for which a bank reconciliation statement will have to be prepared.
15 March 2010
AGREE
15 March 2010
Agreed with the expert
15 March 2010
Agreed with the expert
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