what is the difference between cheque dishounerd and cheque
bounced?
Answer Posted / dharmendra samal
for accounting purpose cheque dishnoured and bounced are
same, but normally there are so many reasons for cheque
dishnoured such as 1. diff. in sig. 2. mistake in amt. in
words and figure 3. mistake in date, but there in only one
reason in case of cheque bounce that is less balance than
the cheque amount.
Is This Answer Correct ? | 56 Yes | 13 No |
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