WAEC Accounting 2019 Objective — Question 33
Question 33 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.
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Uncredited cheques refer to cheques
- A. not yet credited by the bank
- B. by the drawer
- C. in the cash book
- D. not yet credited to the customer's account by the bankCorrect
Explanation
Uncredited cheques are cheques submitted to the bank in favour of the customer but which are yet to be credited to their account by the bank.
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