If cheque issued for 1400/- and recorded as 1900/- how do
we rectify this error.
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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.
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