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.?

Answer Posted / mahesh

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

Cheq Should in bank reconsilation

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