Accountancy, asked by subramaniyan245, 1 year ago

what is cheque dishonour?​

Answers

Answered by diksha3590
1

Answer:

a cheque is said to be dishonored when amount mentioned on the check is more than your balance in the bank

and your account is not permitted to overdraw

Answered by Littlequeen25
2

Answer:

Heyyy Mate........!!!!

Here is ur answer......!!!

Explanation:

dishonour of cheque is a condition in which bank refuses to pay the amount of cheque to the payee. Whenever the cheque is dishonoured, the drawee bank instantly issues a 'Cheque Return Memo' to the payee banker specifying the reasons for dishonour.

Hope it helps uh-huh.......!!! ❤

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