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BRS

Accountancy

A debit of Rs.11,00,000 appeared in the back statement for an "unpaid cheque" which, had been returned marked "out of date". The cheque had been re-dated by the customer and paid into bank again on 5th July 2019 Could you explain the statement sir?

Harshavardini K B

CA Inter

★ 6K+

17-Feb-21 22:22

871

Answers (2)

Pass book has been reduced by 11,00,000. Then cash book should be credited with 11,00,000.

siva chaitanya

CA Final

★ 8K+

17-Feb-21 22:35

When a customer given a cheque of RS 11lakhs,you had debited bank a/c in your books,but the cheque is outdated(3months time period had lapsed).hence in bank statement there is no corresponding credit.Later the customer given you other cheque.