Accounting for IGCSE & O level - Accounting Procedures (Section 13 - No. 2)
What is the effect of a dishonored cheque on the customer's account in the sales ledger?
The balance decreases.
The balance increases.
The balance remains unchanged.
The balance changes but it is unknown
Explanation
A dishonored check means the payment isn't received, so the customer's balance increases (they still owe the money).
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