Cheques Flashcards

0
Q

What journal does it go In ?

A

CPJ

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1
Q

What is the source document of a cheque ?

A

A cheque counter foil or cheque stub

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2
Q

What are cheques used for ?

A
Purchase and payment of fixed assets 
Purchase and payment for trading stock 
Payment to creditors 
Payment of expenses 
Drawings
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