Interested to Buy Any Domain ? << Click Here >> for more details...
If cheque issued for 1400/- and recorded as 1900/- how do
we rectify this error.
- 6 Answers
- 8591 Views
- I also Faced
- E-Mail Answers
Answer Posted / sridhar
Mr.Snadeep Check your entry. May be you have Reversal
entry in you mind and you did the all in revers.
Issued check to the party (vendor)
Party A/c. Dr 1900
To Bank A/c. Cr. 1900
Now make it reveres for only 500 ie.
Bank A/c. Dr 500
To Party A/c Cr. 500
Now only 1400 Debited to party.
| Is This Answer Correct ? | 26 Yes | 0 No |
Post New Answer View All Answers
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
what is the last date of deposit TDS on liability for the assessment year 2010-11
how to pass journal entries for reverse tax on input tax paid
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
Explain me do you think accounting standards are mandatory and why?
how to see reoprt of miro booking in SAP FI
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
What is invoice processing can u explain it?
Under Accrual Accounting, How Are Worker Comp Premiums Handled?
formula of reduction in tax credit of vat form 201(gujarat)
What steps would you take to locate the errors in case trial balance disagrees?
HOW TO FILL PURCHASE RETURNS IN VAT 200,IF NOT PURCHASES THE PERIOD?
Wha is difference between expenses and expenditure
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
What is vendor?
