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    Cornerstones of Financial Accounting Study Set 1
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    Exam 2: Internal Control and Cash
  5. Question
    A Cheque Written by a Company but NOT Yet Presented
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A Cheque Written by a Company but NOT Yet Presented

Question 88

Question 88

True/False

A cheque written by a company but NOT yet presented to the bank for payment is called a cheque in transit.

Correct Answer:

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