Multiple choice

In case of dishonour of cheque/bill receivable, the amount is recorded in the cash book

  1. after the entry is posted in the pass book

  2. when the cheque is dishonoured

  3. when the amount is paid by the bank

  4. when the amount is collected by the bank
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

The entry will be passed in the cash book after it is posted in the pass book.

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