PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.

PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN
THE BANK ON 5.4.2010.PLEASE EXPLAIN IT WHAT EFECT ON F.Y
AND A.Y.?

Question Posted / kiran

Answers were Sorted based on User's Feedback

PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.2010.PLEASE EXPLAIN ..

Answer / mahesh

Hi,F.Y. Effect is Bank A/c Cr.
Party A/c Cr.

Cheq Should in bank reconsilation

Is This Answer Correct ?

10 Yes

2 No

PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.2010.PLEASE EXPLAIN ..

bank should be effect credit

and a.y. should be bank reconsideration

Is This Answer Correct ?

1 Yes

2 No

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