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What is the treatment of a post dated cheque issued before the balance sheet date and with a date after the balance sheet date?

Accounting
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Question added by Subash Thomas , Manager- Internal Audit. , Confidential Company
Date Posted: 2014/09/26
Upvote (1) Views (20) Followers (3) Answers (2) Report Question
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Safeer Koyithan Kandy
by Safeer Koyithan Kandy , General Accountant , Hala Trading

1.supplier/Party name ------------Dr

      To PDC payble A/c

 

2. When the cheque is cleared the entry is:

 

PDC Payble A/c-----------Dr

          To Bank        

 

Deleted user
by Deleted user

agreed with mr safeer

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