we have worng credit in Rs.10000 in bank a/c on 31/03/201 so
Please give your idea in matter . what entry made in book of
accounts.
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Answer / inder monga
i think, u can create a new account under current
liabilities bank payable A/c.for example ur bank is hdfc.
the entry can be:
HDFC A/c Dr. 10,000
HDFC bank payable A/c 10,000
when error is sort out by bank in nexy f.year u can reverse
this entry.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / bsomkareshwar
if it is wrongly credited it means your bank balance has increased without any transaction taking place.
This increase can be nullfied by merely debitng bank account.
| Is This Answer Correct ? | 0 Yes | 0 No |
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