Cheques issued to the supplier but not presented to bank is referred to as: Options: A . &nbspUnpresented cheques B . &nbspUncollected cheques C . &nbspCheques deposited but not collected D . &nbspBoth A & C

Cheques issued to the supplier but not presented to bank is referred to as:

Question

Cheques issued to the supplier but not presented to bank is referred to as:

Options:

A . Unpresented cheques

B . Uncollected cheques

C . Cheques deposited but not collected

D . Both A & C

Answer: Option A
:
A
Cheques issued to suppliers and not presented by them to bank is referred to as unpresented cheques.

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