Question

What does it mean, cheques deposited into bank but not collected?

Answer 1

Answer:

hey mate here is your answer

Explanation:

When we are deposited cheques in bank

but the cheque was not diposited in bank

so your bank balance not debited

hope its helpfull for you

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Answer 2

Answer:

cheque receive from customer are deposited into bank for collection entry is made on the debit side on the cash book in bank column in bank cash book credit side..