A cheque received and deposited into the bank on the same day is a contra entry.

State whether the following statement are True or False with reason :

A cheque received and deposited into the bank on the same day is a contra entry.

Monjur Alahi

5 views

2025-01-04 04:42

1 Answers

Salim Ahmed Kawsar

This statement is False.

A cheque received and deposited on the same day is not a contra entry.

5 views Answered 2023-02-05 15:29

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