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A cheque deposited into the bank but not yet collected and credited by the bank is a:
Acancelled cheque
Bunpresented cheque
Ccheque deposited but not yet credited
Dpost-dated cheque
Answer & Solution
Correct answer: C. cheque deposited but not yet credited
A deposited-but-uncleared cheque is recorded in the cash book before the bank credits it.
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