how do you post return checks/replaced checks

[TheAnalogSource]

ive been figuring this out since early this morning...

im using an out of the box accounting software...
time is bad i think so im getting a number of bad checks lately

any accountant here... how do i post it?

here's what i do.... charge the bad check as expense and charge the replacement as extra income.... parang mali eh...

would appreciate your help.... thanks in advance.

mods, sorry for the very out of topic thread...

[cia]

Debit Accounts Receivable, Credit Cash.
These entries assume that you will still try to collect on the bad check.

You may want to consider Batasang Pambansa 22 for the bouncing check. You may be able to criminally charge those who issued you bad checks.

[TheAnalogSource]

Debit Accounts Receivable, Credit Cash.
These entries assume that you will still try to collect on the bad check.

You may want to consider Batasang Pambansa 22 for the bouncing check. You may be able to criminally charge those who issued you bad checks.

thanks sir.... got it... ganun lang pala un.