by 1gridadmin | Feb 1, 2022 | Bookkeeping
Accounting Policies for Stale-Dated Checks For example, say you paid a vendor $100 for supplies one year ago and he never cashed the check. To reverse the check, debit cash for $100 and credit supplies expense for $100. With updates and error-free journal entries,...
by 1gridadmin | Feb 1, 2022 | Bookkeeping
Accounting Policies for Stale-Dated Checks For example, say you paid a vendor $100 for supplies one year ago and he never cashed the check. To reverse the check, debit cash for $100 and credit supplies expense for $100. With updates and error-free journal entries,...
