by Johnny
I put a stop payment on a check paid to my vendor and reissued a new one in Dec 2022.
This new check was cashed in Dec 2022. However, in June 2023, the vendor also cashed the check that I put stop payment on (I didn't place the 2nd stop payment after 6 months).
Now, the vendor agrees to refund this check amount to me. My question is: What Journal entry should I do when I receive the check refund from the vendor? Thanks, Johnny
Comments for Stop Payment Check Cashed Bookkeeping Question
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Is a checkline reserve account considered a loan account or a bank account?
Comments for Checkline Reserve Account
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How do you reissue a check that was not cashed in a previous year? The previous year has been closed, so the expense was already taken.
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How do I reverse a check in quickbooks that I wrote to a vendor and bounced
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One of the partners wants to make a charitable contribution to an organization through the company. He gave me a check to deposit and then I will write a check to the organization. How do I book this?
It's not a loan or a repayment of any kind. He wants the company to book the payment to the organization as a charitable contribution, but I don't know how to book the receipt of monies.
Comments for Pass Through Check
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by Renee
(MA)
I need to replace an employee check from March 3, 2010 - do I date the replacement check with the same date since it's entered into the Paychex system and included in 2010's tax information or do I date it with today's date?
Checks written and expensed in 2006 have never cleared the bank. What is the proper way to record this?
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