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

Unpresented cheques

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Uncollected cheques

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Cheques deposited but not collected

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Both A & C

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Solution

The correct option is A
Unpresented cheques

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

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Similar questions

Q. From the following information, prepare Bank Reconciliation Statement as on 31st March, 2019:

		₹
(i)	Bank overdraft as per Pass Book.	36,000
(ii)	Cheques issued but not presented for payment.	19,700
(iii)	Cheques deposited with bank but not collected.	25,000
(iv)	Cheques entered in Cash Book but not banked.	9,000
(v)	Directly deposited to bank by a customer.	11,000

Q. From the following information, prepare Bank Reconciliations Statement as on 31st March, 2018:

		₹
(i)	Bank overdraft as per Pass Book.	36,000
(ii)	Cheques issued but not presented for payment.	19,700
(iii)	Cheques deposited with bank but not collected.	25,000
(iv)	Cheques entered in Cash Book but not banked.	9,000
(v)	Directly deposited to bank by a customer.	11,000

Find the balance as per pass book from the following details:

Balance as per cash book: Rs 10,000

Cheques issued but not presented: Rs 3,000

Cheques deposited but not collected: Rs 4,000

Bank charges debited by bank: Rs 250

Debit balance as per Cash Book: Rs 2,000
Cheques deposited but not cleared: Rs 100
Cheques issued but not presented: Rs 150
Bank allowed interest: Rs 50
Bank collected dividend: Rs 50
Balance as per Pass Book will be : ___

Q. Debit balance as per Cash Book is Rs 2,000, cheques deposited but not cleared amounts to Rs 100 and Cheques issued but not presented of Rs 150. The bank allowed interest amounting to Rs 50 and collected dividend Rs 50. Balance as per pass book should be ____________.

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

The correct option is A Unpresented cheques Cheques issued to suppliers and not presented by them to bank is referred to as unpresented cheques.

The correct option is A
Unpresented cheques

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