when cheque deposited into bank for collection and that is
not cleared yet what is the entry for it?
Answer Posted / rakesh
when u deposit the cheque in the bank on the time... u will
dr. the bank and cr. the party
but until chq become dishounered u cann't entered the
revers entery of that...... u can only wait...
Is This Answer Correct ? | 17 Yes | 1 No |
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