In a case of turnabout being "fare," a baker's dozen of correspondents have contributed favorite recipes to be prepared for a "Gourmet Gala" fundraiser for the American Newspaper Womem's Club. The event takes place at Meridian House International next Thursday, Dec. 13, at 8 p.m. A limited number of reservations are available to non-members. The price is $35 for a single or $60 for two. Call the club, 332-6770 for reservations or further information.

Among the correspondents are Walter Cronkite, Frank Reynolds, John Chancellor, David Prowit and Bob Pierpoint, representing television.Fay Gillis Welles of Storer Broadcasting is from radioland. Elizabeth Becker, Marvin Stone, Don Sider, Jeremiah O'Leary, Helen Thomas, Roger Starr and George Will are the print journalists who have participated.

The recipes are being prepared by 12 local restaurants (Le Jardin, Prime Rib, Duke Zeibert's, Paul Young's, The Black Rose, Joe and Mo's, Germaine's, the Serbian Crown, Calvert Cafe and El Bodegon, Portofino and Apana) and New York City's 21 Club. The food will be served by Ridgewell's.

Here is Le Jardin's interpretation of Marvin Stone's "Veal Bouchet." VEAL BOUCHET (12 servings) 12 veal scallops (3 to 3 1/2 ounces each), pounded thin Clarified butter or vegetable oil Salt and pepper Flour 2 cups whipping cream 1 1/2 tablespoons finely chopped shallots 1/3 cup dry white wine 1 1/2 cups thinly sliced mushrooms 1 tablespoon unsalted butter

Season the veal with salt and pepper and dust lightly with flour. Cover bottom of a saute pan with a thin film of butter or oil. When it is very hot, add veal pieces without crowding the pan. Brown lightly on both side and remove. Repeat as necessary to cook all the scallops. Keep warm.

Drain grease from pan. Add shallots and wine and simmer over high heat for about 1 minute. Add mushrooms and cream, salt and pepper. Lower heat and allow sauce to reduce and become creamy, stirring it now and then. Place veal on serving plates or platter and pour sauce over them. Serve with rice.