In the 10 th video of this chapter there is a second example about cheques dishonour
In that example sir wrote one entry as sale returns debited to A and changed the credit item as to bank
Why
Prasanth kumar Kamisetty
CA Inter
★ 12K+
20-Jul-20 10:05
343
Answers (1)
Because when initially scheque was received and accounted before it got dishounoured, Bank was debited assuming it would be honoured