Which Statement Relating to Dishonoured Cheques Is True

question 41

Multiple Choice

Which statement relating to dishonoured cheques is true?

• A) They appear as credits on the bank statement.
• B) They are cheques from debtors deposited into the firm's bank account but not paid by the drawer's bank due to lack of funds or for other reasons.
• C) They must be listed in the bank reconciliation.
• D) They can be adjusted for by making a negative entry in the sales journal.

---

Definitions:

Family Life Cycle Stage

The series of stages through which a family progresses over time, including single adulthood, marriage, parenthood, and later life.

Unattached Young Adult

An individual in late adolescence or early adulthood who is not currently engaged in a romantic relationship or closely bonded to a partner.

Marital Bliss

A state of great joy, fulfillment, and happiness within a marriage, characterized by strong bonds, mutual respect, and deep affection between partners.

Family Life Cycle

A series of stages through which a family might pass over time, including phases such as marriage, parenthood, and retirement among others.