Which of the following is not true with regards to dishonor of a cheque?

Question

Options:

A . Dishonored cheque is a cheque which is presented for payment and the drawer has insufficient fund in his or her account to cover the cheque

B . Dishonored cheque is a cheque which is presented for payment and the drawer has sufficient fund in his or her account to cover the cheque

C . The dishonored cheque is shown in the debit column of the bank statement

D . The customer is still owing us the money as his or her cheque has been dishonored

Answer: Option B
:
B
Dishonored cheque is a cheque which is presented for payment and the drawer has insufficient fund in his or her account to cover the cheque.

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