Any cheque drawn to creditor but not paid by bank will effect as-13627
Any cheque drawn to creditor but not paid by bank will effect as follows:
This multiple choice question (MCQ) is related to the book/course vu mgt101 Financial Accounting. It can also be found in vu mgt101 Mid Term - Quiz No.4.
Any cheque drawn to creditor but not paid by bank will effect as follows:
Cash book will show less balance & bank book will show more
Cash book will show more balance & bank book will show less
Cash book will show double balance
Bank book will show double balance