Dear sir
I hava a pathology lab when ever a patient due we debited the sundry debtors (lab) and cr the pathology charges
Sundry debtors(lab) dr 1000
To pathology charges 1000
but by mistake accountant had not pass the due entry and in mean time cash received from the patient then entry pass by accountant
cash Dr 1000
To sundry debtors (lab) 1000
and now to nil the effect adjustment entry pass the accountant
sundry debtors (lab) 1000
to sundry debtors (lab) 1000
sir my question is the last adjustment entry is right for debting and crediting the same head
CAclubindia
