Why do outstanding (unpresented) cheques occur at month-end?

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Financial Accounting An Integrated Approach

ISBN: 9780170411028

7th Edition

Authors: Ken Trotman, Elizabeth Carson

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Question Posted: Aug 20, 2023 06:48 AM

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Why do outstanding (unpresented) cheques occur at month-end?

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Outstanding or unpresented cheques occur at monthend primarily due to timing differences between when a company writes a cheque and when the recipient ...View the full answer

Financial Accounting An Integrated Approach

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