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Summary Grade 10 Accounting: Dishonoured cheques

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I am really passionate about accounting. These notes will really help you to understand the theory behind the work that you are doing. It will enable you to see the bigger picture, and surely improve your grades.

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Elsabé Conradie, Derek Kirsch, Mandy Moyce Accounting, Grade 10

Edition:2012
ISBN:9781107615816
Edition:Unknown

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Institution: 10th Grade
Course: Accounting
Schooljaar: 200

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Which chapters are summarized?: Dishonoured cheques
Uploaded on: April 27, 2022
Number of pages: 1
Written in: 2020/2021
Type: Summary

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Dishonoured cheques
A bank may refuse to honour cheques for various reasons:
 Amount in word differs from figure
 Cheque has not been signed
 Cheque is older than 6 months
 Cheque has been post-dated
 Mistake has been made on cheque
 Drawer of cheque has insufficient funds
 Drawer of cheque has died

Source document Debit Slip
Subsidiary journal CPJ
Type of account Bank (Credited) Debtor’s Control (Debited)

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Summary Grade 10 Accounting: Dishonoured cheques

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