Double check issued

This query is : Resolved 

15 June 2015 A bill entered in the books and issue the manual cheque twice and both cheque cleared in the bank.

What will the entry of second cheque.

Please Advise.

15 June 2015 You can treat it as advance

CA Kapil Verma
Founder- www.taxadvizer.com

15 June 2015 Treat it as advance or if there are no future transaction ask party to refund it dear


16 June 2015 Dear Sir,
Party agreed to issue the new check payable to us.But I want to know the treatment what will be the entery of second cheque in the books

16 June 2015 when you recd the cheque then you have to entry

Bank a/c
to party a/c

17 June 2015 Same entry as first cheque..payment entry..and then receive it back



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