Answer / vaseem

check will be issued
by an account holder and whereas DD can be issued by a
banker only Cheque may get rejected due to lot many
reasons....but DD will not get rejected.

Answer / rabindra mallick

(1) Cheque can drawn by account Holder, but DD can be drawn by bank on behalf of account holder.
(2) Cheque has chance to dishonour than DD.

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What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?

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