Anurag (Businessman) (33 Points)
10 November 2022Dear sir
In retail trading normally we have to provide security cheque to suppliers. Making the entry in suppliers ledger does not reflect the actual outstanding. Plz suggest how to make entry in books.
Yasaswi Gomes new
(Finance )
(4514 Points)
Replied 10 November 2022
Dr. Supplier
Cr. Bank
Or in the bank leger debit supplier
In the supplier ledger credit bank
Anurag
(Businessman)
(33 Points)
Replied 15 November 2022
Dear Sir.
What if the cheque is open dated?? The same entry should be passed or else.
CAclubindia
