1.7.14 Cancellation Against Cash with Charges
The accounting entries passed for DD cancellation against cash with charges are covered in this section.
Table 1-58 DD Cancellation Against Cash with Charges
| Posting Date | Value Date | Transaction Branch | Account Branch | GL HeadDr./Cr. | TCY Amount(GBP) | LCY Amount(GBP) | Exchange Rate | Remarks |
|---|---|---|---|---|---|---|---|---|
| 22.09.22 | 22.09.22 | 000 | 000 | Dr. DD Payable GL | 100 | 100 | 1 | OBPM |
| 22.09.22 | 22.09.22 | 000 | 000 | Cr. Susp GL | 100 | 100 | 1 | OBPM |
| 22.09.22 | 22.09.22 | 000 | 000 | Dr. Susp GL | 100 | 100 | 1 | OBPM |
| 22.09.22 | 22.09.22 | 000 | 000 | Cr. ISB GL | 100 | 100 | 1 | OBPM |
| 22.09.22 | 22.09.22 | 000 | 000 | Dr. ISB GL | 100 | 100 | 1 | OBBRN |
| 22.09.22 | 22.09.22 | 000 | 000 | Cr. Cash GL | 100 | 100 | 1 | OBBRN |
| 22.09.22 | 22.09.22 | 000 | 000 | Dr. Cash GL | 10 | 10 | 1 | OBBRN |
| 22.09.22 | 22.09.22 | 000 | 000 | Cr. Income GL | 10 | 10 | 1 | OBBRN |
Parent topic: Demand Drafts