Accountancy, asked by vanshi1044, 5 months ago

One cheque of Rs. 600 issued to an up-country party was lost in transit​

Answers

Answered by saurabhsalil
2

Answer:

when you issued

Party A/C Dr

To Bank A/C

doesn't matter whether he lost it or retain it.. untill it is proved that the cheque has been lost or you have cancelled the cheque by ingorming to Bank, no reverse entry will be passed..

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