AnneB
Level 3

Payments

I do not need canned answers, I can find those myself.

The bounced check is 1/2 of a deposit/payment on a rent invoice for a unit rented by 2 roommates.

There are no bank fees, because it is not my client who bounced the check, it is HIS client. 

I understand about the journal entry, but how do I record the subsequent re-deposit?