Which Statement Relating to Dishonoured Cheques Is True

question 6

Multiple Choice

Which statement relating to dishonoured cheques is true?

• A)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
• B)They can be adjusted for by making a negative entry in the sales journal
• C)They must be listed in the bank reconciliation
• D)They appear as credits on the bank statement

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