Accountancy, asked by robithr1981, 3 months ago

If a cheque presented for payment after three months the date of the cheque is known as

Answers

Answered by sumanamanna1

Answer:

Stale Cheque

Explanation:

A bank may refuse to honor it unless its drawer reconfirms it payment either by inserting a new payment date or by issuing a new check. Also called stale dated check. *NOW __The cheque which is more than three months old is a stale cheque.

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