Accounting for IGCSE & O level - Accounting Procedures (Section 1 - No. 11)
Which of the following is the effect of a dishonored cheque on the customer's account in the sales ledger?
The customer's balance increases.
The customer's balance decreases.
The customer's balance remains unchanged.
The customer's balance becomes zero.
Explanation
As the cheque is not honored, the customer still owes money.
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