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Question

The cheque which is deposited into bank but not cleared at the end of a particular year is called?


A

Uncredited Cheques

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B

Unpresented Cheques

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C

Omitted Cheques

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D

Dishonored Cheques

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Solution

The correct option is A

Uncredited Cheques


Cheque which is deposited into bank but not cleared at the end of a particular year is called uncredited cheque as it has not been credited in the bank account.


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