CHQ.RETURN ENTRY

E S S PRABHAKAR (accounts) (71 Points)

21 August 2009  

DEAR SIR/S,

IF A PARTY GAVE ONE CHQ.FOR RS.100000 AND DEPOSITED IN BANK AND BOUNCED. WHILE PASSING THE ENTRIES RECIPT OF CHQ. IS BANK A/C DEBIT & PARTY A/C CREDITED.

WHILE CHQ.BOUNCED SHALL I PASS THE PAYMENT ENTRY OR JOURNAL VOUCHER AND HOW TO PASS.

KINDLY CLARIFY

THANKS&REGARDS

PRABHAKAR