Cheque deposit in the bank but not collected means
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Explanation:
a) Cheques deposited but not credited: When cheques received from customer are deposited into the bank for collection, an entry is made on the debit side of the cash book in the bank column and thereby the bank balance as per Cash Book increases the amount whereas the bank credits the customer's account only after ...
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6
Answer:
Cheques deposited but not credited: When cheques received from customer are deposited into the bank for collection, an entry is made on the debit side of the cash book in the bank column and thereby the bank balance as per Cash Book increases the amount whereas the bank credits the customer's account only after
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