Accountancy, asked by abhrajitsen410, 1 year ago

Meaning of honoured our acceptance by cheque

Answers

Answered by wwevikash

4

Honored our own acceptance by cheque" – is a phrase used in banking and accountancy. It means that a bill that was exchanged and accepted previously by the firm, group, organization or individual has been honored i.e. the payment has been made by means of a cheque.

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Answered by IqBroly

0

Answer:

Definition of HONOUR A CHEQUE (phrase): bank: agree to pay amount on cheque.

Explanation:

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