Grace_Chap 8_Reasons for Dishonoured Cheques

The source document that a business uses to record dishonoured cheques is _____ _____ (2 words).

(a)  

One reason for dishonoured cheques is that the cheque has (a)   . It was dated six months ago and is now no longer valid.

One reason for dishonoured cheques is that the cheque is (a)   . It was written for a future date and the bank will only pay on or after that date.

One reason for dishonoured cheques is that information on the cheque is _____ _____ (2 words). For example, amount written in numbers does not match amount written in words.

(a)  

One reason for dishonoured cheques is that information on the cheque is not consistent. For example, amount written in numbers does not match amount written in (a)   .

One reason for dishonoured cheques is that information on the cheque is not consistent. For example, signature is different from the (a)   version in the bank's records.

One reason for dishonoured cheques is that information on the cheque is _____ _____ (2 words). For example, there is no date, amount to be paid or signature.

(a)  

One reason for dishonoured cheques is that the payer's bank account does not have _____ _____ (2 words).

(a)  

One reason for dishonoured cheques is that the payer's bank account is (a)   or frozen.

One reason for dishonoured cheques is that the payer's bank account is closed or (a)   .