296. _______ are cheques that are issued by the business but not yet presented to bank for payment

Uncollected cheques
Uncredited cheques
Outstanding cheques
Bounced cheques
✅ The correct answer is C.
Outstanding cheques are cheques that are issued by the business but not yet presented to bank for payment.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top