When cheque is not paid by the bank, it is called?

Honoured

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Endorsed

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Omitted

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Dishonoured

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D
Dishonoured

When cheque is not paid by the bank, it is called as dishonoured cheque.

Suggest Corrections

Similar questions

2016		(₹)
June 1	Cash in hand	800
	Bank Overdraft	5,700
7	Received a cheque from Bharti	3,250
9	Deposited the above cheque into bank
12	Paid to Bhavana by cheque	2,425
15	Bharti's cheque returned dishonoured
20	Withdrew from Bank for office use	250
25	Cheque received from Panna Lal and endorsed it in favour of Kamal on 28th June	1,200
30	Income Tax paid by cheque	150
30	Bank charges	25

Prepare Double column Cash Book of Vinod from the following transactions:

2010 Amt. (Rs.)

June. 1 Cash in hand Rs. 800, Bank overdraft .......5,700

June. 7 Received a cheque from Bharti ..................3,250

June. 9 Deposited the above cheque into bank.

June. 15 Cheque Received from Panna Lal ........... 1,200

June. 20 Bharti's Cheque returned dishonoured

June. 28 Panna Lal's cheque was endorsed to Kamal

June. 30 Income Tax paid by cheque................... 150

Prepare Cash Book with Bank Column of Vinod from the following transactions:

April 1 Cash in hand ............................................................... 2,200

Cash at Bank ............................................................... 5,000

April 15 Received a Cheque from Naresh.................................. 1,000

April 18 Cheque received from Naresh endorsed to Suresh in full settlement. 1,050

April 10 Paid Life Insurance premium of Mr.Mohan........................................... 100

April 13 Received and banked a cheque from Pawan in full settlement ............ 750

April 16 Pawan's Cheque returned dishonoured by bank

April 20 Deposited into Bank, Balance of Cash in excess of .............................. 250

Join BYJU'S Learning Program