what does cheques recorded but not sent to bank for collection mean??
Dear Student,
It implies that cheques which was received by the business was recorded in the Cash Book, but it is omitted to be sent to bank for collection.
Hope this answers your query.
Keep Posting!!!
It implies that cheques which was received by the business was recorded in the Cash Book, but it is omitted to be sent to bank for collection.
Hope this answers your query.
Keep Posting!!!