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Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

02-Sep-20 09:30

24

Bank reconciliation statement

What is the difference between Cheques paid into bank and Cheques deposited into bank

Answers (5)

Suraj Lakhotia

Suraj Lakhotia

Admin

02-Sep-20 10:59

Both mean the same.

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

02-Sep-20 11:02

Suraj Lakhotia

Suraj Lakhotia

Admin

02-Sep-20 10:59


Both mean the same.

Assume I have a loan of 1 lakh to bank and I paid it through a cheque In other case I have 1 lakh with me which I have deposited in my account Is it not the difference

Suraj Lakhotia

Suraj Lakhotia

Admin

02-Sep-20 11:21

First case is cheque issued.

Prasanth kumar Kamisetty

Prasanth kumar Kamisetty

CA Foundation

11K+

02-Sep-20 11:22

Suraj Lakhotia

Suraj Lakhotia

Admin

02-Sep-20 11:21


First case is cheque issued.

But that is something when we pay to other person using a cheque