The letters R/D on a cheque shows that the cheque is
...The letters R/D on a cheque shows that the cheque is
paid
dishonoured
certified
accepted
Correct answer is B
RD on a cheque means ''Refer to Drawer''
This means the cheque cannot be honored due to one reason or the other, which in this case could be a result of insufficient funds in the bank account.
Hence the bearer of the cheque is referred back to the account holder/owner.
Branding is a good example of? ...
The activities of consumers association in Nigeria have not been effective because ...
Initial public offering is undertaken through the? ...
A share premium is an example of? ...
What is NOT an advantage of direct distribution of goods to the consumer by the manufacturer? ...
Which of the following statement is true of preferred stockholders? ...
A country is said to be experiencing an unfavorable balance of trade if her ...