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I have received a cheque from customer and i deposited into
the bank next 4-5 days cheque has been bounced by the bank.
Pls tell me what is reverce entry in the tally for cheque
bounced and which option i will enter in journal or payment
entry.
Salary . is it direct exp or indrect exp.
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Answer Posted / gkavitha
For Cheque returns JV has to be passed as bank account has
to be credited and party account has to be debited .
and Salaries are indirect exp
| Is This Answer Correct ? | 63 Yes | 9 No |
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