_______ are cheques that are issued by the business but not yet presented to bank for payment A. Uncollected cheques B. Uncredited cheques C. Outstanding cheques D. Bounced cheques

The correct answer is: C. Outstanding cheques

Outstanding cheques are cheques that have been issued by a business but have not yet been presented to the bank for payment. They are considered to be liabilities of the

Uncollected cheques are cheques that have been deposited into a bank account but have not yet been cleared by

Uncredited cheques are cheques that have been cleared by the bank but have not yet been credited to the account of the payee. They are considered to be provisional debits until they are credited.

Bounced cheques are cheques that have been presented to the bank for payment but have been returned unpaid. They are considered to be dishonored cheques and can have a negative impact on the credit rating of the person or business that issued them.