caah a/c dr 1900 To bank a/c

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

Question Posted / accountant

Answer Posted / accountant

caah a/c dr 1900

To bank a/c 1400
TO suspence a/c 500

Is This Answer Correct ?

1 Yes

8 No

Please Help Members By Posting Answers For Below Questions

What is the difference between a provisions and reserves?

1037

Explain what are the accounting events that are frequently involved in compound entries?

1165

What are the major components of country's trade account?

2971

What is mis report , how to prepare mis report for general ledger?

1501

Do you know what is a cpa?

1069

which subsidiary book is source of these:debit note,credit slip,

1994

Do you have any idea about gst?

1072

what is the rate of vat,cst,in mumbai

1681

purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law

1800

What is the equation for acid-test ratio in accounting?

1038

what is retention? how caculate on asset

2252

Other accounting interview questions to expect when you interview for an accountancy job include:

1008

i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD

1837

What is the definition of accounting?

1084

Do you know any other accounting application?

1002