Accounting for IGCSE & O level - Accounting Procedures (Section 2 - No. 34)
What impact does a dishonored check from a customer have on the customer's account?
The customer’s debit balance increases.
The customer’s debit balance decreases.
The customer’s credit balance increases.
The customer’s credit balance decreases.
Explanation
A dishonored check means the customer did not pay, so the amount due from them has increased, thereby increasing their debit balance.
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