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Bank Charges deducted

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(Querist)
04 July 2022 A company did RTGS of a cheque of amount Rs. 30,00,000/- to the client, Bank Charges deducted 95 and the amount got credited is 29,99,905/- and the bank charges is not reflected in the bank statement. How this entry should be recorded in the Company and as well as in the Client's books of accounts?
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Mohammed Sumer Hussain

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Mohammed Sumer Hussain (Querist)
04 July 2022 Please help to resolve this issue ASAP. Thank you.
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CA R SEETHARAMAN online

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CA R SEETHARAMAN online (Expert)
05 July 2022 Company books account 30 lacs payment.
Client has to debit bank charges by crediting company account.
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