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The accounting treatment for a dishonored cheque is; debit
Question 1
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The accounting treatment for a dishonored cheque is; debit
customer's account; credit bank account
bank account; credit customer's account
customer's account; credit sales account
sales account; credit customer account
Answer Details
Read lesson note on Bank Transactions And Reconciliation Statements (JAMB)
Read lesson note on Cashbook (JAMB)
Bank Transactions And Reconciliation Statements
Cashbook
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