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Hournered our own acceptance by cheque

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Hournered our own acceptance by cheque

    • Posted by Sonu Kumar 8 years, 7 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Manisha Jhingran 8 years, 7 months ago

    Honoured our own acceptance means payment made against the cheque that businessman issued.

    For example, if you give a cheque to someone, and when the amount is deducted from your bank account, the cheque is said to be honoured

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