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If chq of Rs. 15000 bounced then how to enter reverse
entery > Voucher Type....
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Answer Posted / b.shankar
party A/C 15,000
Bank Charge ****
To Bank A/C 15,000+***
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we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
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