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Briefly explain the statement ‘wrongly d...

Briefly explain the statement ‘wrongly debited by the bank’ with the help of an example

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When a firm issued a cheque of Rs. 1,500 to any of its person and it's given for payment and paid by the bank however in situ of Rs. 1,500, bank debited it wrong by Rs. 15,000. The on top of error could also be opposite too however in each scenario, the balance of money book and pass book won't tally. The term are used for it'll be wrong debited by the bank. It typically happens at the time of posting the dealings.
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