Question

Reason why cash payment is preferred to cheque payment

Answer 1

Answer:

Cheque payment will following benefits over cash payment: You no need to keep your debit entries. Bank do it for you. In cash payment, sometimes receiver dont give any acknowledgement, so its kind of trust business and if someone cheats, it very difficult to prove it.

Answer 2

Explanation:

cheque payment will following benefits over cash payment . you no need to keep your debit entries .bank do it for you . in cash payment some time receivers don't give any acknowledgement , so it's kind of trust business and if some one cheats , it very difficult to prove it

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