Daryl Viviana
Daryl Viviana voted up sherlin smith's answer

  • Cheque issued but not presented for payment: When cheque are issued then immediately make entry in the cash book. The cheque issued can be presented for payment to the bank within six month from the date of cheque as per banking law. The cheque are presented for payment after the expiry of the above period … Read more

Daryl Viviana
Daryl Viviana voted up sherlin smith's answer

  • Cheque issued but not presented for payment: When cheque are issued then immediately make entry in the cash book. The cheque issued can be presented for payment to the bank within six month from the date of cheque as per banking law. The cheque are presented for payment after the expiry of the above period … Read more