please help meeeee..........

The Entry will be as follows:

Bank a/c Dr.....

   To Debtor a/c....

When u make a reconciliation the adjustments has to be made...

Anthony is absolutely right as in a/cs we pass the entry at the time of receipt of cheque and not at the time of depositing the same into bank. 

Regards, CA Shakuntala Chhangani

this is the correct accounting treatment

If the cheque is not deposited on the day of receipt, sometimes the entry suggested by Mohit is passed.  The reason for this is that it(cheques in hand a/c) reminds the concerned person about the cheques still to be deposited in bank.  When actually cheques are deposited the following entry is passed:

Bank A/c   Dr,

     To Cheques in Hand A/c

Originally posted by : Jag Bhushan Sharma
	If the cheque is not deposited on the day of receipt, sometimes the entry suggested by Mohit is passed.  The reason for this is that it(cheques in hand a/c) reminds the concerned person about the cheques still to be deposited in bank.  When actually cheques are deposited the following entry is passed: Bank A/c   Dr,      To Cheques in Hand A/c

After passing the above 2 entries(that of mohit's and sharma sir), net effect will be that as if we have recieved money from our debtor. Its a better way of disclosing.

Mr. jag bhushan is right

Anthony is right

in Accounting different persons may have different idea about a matter so far i am concerned i think think on regular day anthony is right while at balance sheet date if some cheques received but not deposited to the Bank Mohit is correct.

Friends, in financial a/c, we pass the entry at the time the cheque is received. If it is not deposited then there will be a difference between cash book and pass book which is taken care of in Bank reconciliation statements

Regards, CA Shakuntala Chhangani

Dear at te time of F.Y closing you are passed entry is

Cheque In Hand A/c     Dr.

      To Debtors A/c

But you have recd. cheque between any date before closing of f.y. you are passed entry

Bank A/c         Dr.

   To Debtors A/c

I agree with Anthony

I agree with Mr Sharma since at the time of closing of accounts Physical Verfication will be done by Auditors for Cash and as well as Cheques (normally post dated cheques also considered).

I AGREE WITH SHRI  JAG BHUSHAN SHARMA