There were standing instructions given to bank for payment of Rs 1,00,000 per month for 5 months to a supplier. The bank paid the supplier Rs 1,00,000 in the 6th month also which the supplier returned after 15 days in the same month. How should this be treated in the bank reconciliation statement?
None
It shall not be treated in the bank reconciliation statement, as it has been deducted & added in the same month.