Wrong entry

This query is : Resolved

zoya (Querist)
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05 August 2013 Bank made a wrong entry Rs. 340,747/- and corrected the wrong entry(on the same)Rs. 340,747/-. I need to know which ledger should i create & what entry should i pass.If i debit the Bank what should i credit than please tell me.

Hemant Kumar

Hemant Kumar (Expert)
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05 August 2013 If you dont pass both entries then no impact on closing balance of your bank ac. So dont need to enter both entries.

If you wanna do entries then pass the entries as below
first 1) Bank Ac. Dr. 340747/-
To Suspense Ac. 340747/-

Second 2) Suspense Ac. Dr. 340747/-
To Bank Ac. 340747/-