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In a three-column cash book, dishonored cheques will be shown on the

Accounts - Principles of Accounts
JAMB 2012

In a three-column cash book, dishonored cheques will be shown on the

  • A. bank column (debit)
  • B. bank column(credit)
  • C. cash column(debit)
  • D. cash column(credit)
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Correct Answer: Option B
Explanation

Dishonoured cheques will be recorded on the credit side, write "By Debtor A/C" with respective amount in the bank column.

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