LM537
Level 2

Banking

Thank you for your explanation. I need to void a check from 2021, as it was lost in the mail. I was thinking to do a General Journal entry to decrease Account Payable and increase Cash. But in this case I have this transaction on the Accounts Payable Aging report , as A/P account is involved. Why do you suggest to put funds to Current Other Liabilities? How do you name that account? Thank you in advance.