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PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN
THE BANK ON 5.4.2010.PLEASE EXPLAIN IT WHAT EFECT ON F.Y
AND A.Y.?

Question Posted / kiran

Answers were Sorted based on User's Feedback



PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.2010.PLEASE EXPLAIN ..

Answer / mahesh

Hi,F.Y. Effect is Bank A/c Cr.
Party A/c Cr.

Cheq Should in bank reconsilation

Is This Answer Correct ?    10 Yes 2 No

PLEASE TELL IF I PAID BY CHEK ON 31 MARCH 2009 AND CLEAR IN THE BANK ON 5.4.2010.PLEASE EXPLAIN ..

Answer / mangesh

bank should be effect credit

and a.y. should be bank reconsideration

Is This Answer Correct ?    1 Yes 2 No

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