Outline four reasons as to why a cheque is returned to the payee while indicated ‘’refer back to the drawer’’

      

Outline four reasons as to why a cheque is returned to the payee while indicated ‘’refer back to the drawer’’

  

Answers


John
Insufficient funds in the account

If the signature on the cheque differs from the drawers specimen signature in the bank

If the amount in figures is different from the amount in worlds

If there are alteration on the cheque which are not countersigned by the drawer
johnmulu answered the question on October 21, 2017 at 10:06


Next: Toa mifano minne ya fomyula maalum za kumalizia hadithi.
Previous: Taja sababu nne za kutumia kiishio maalum katika utambaji wa hadithi.

View More Business Studies Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions