Accountancy, asked by pisathya371, 5 months ago

check issued but not presented in the bank are called​

Answers

Answered by yuktiwellington505
1

Answer:

Cheques issued but not presented for the payment to the bank: When the cheques are issued for payment an entry is made on the credit side of the cash book in the bank column but the bank debit's the customer's account only when it is presented and paid by the bank.

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