Cancelled checks are those checks that have not cleared the bank and are not listed on the monthly bank statement.

Name: Cancelled checks are those checks that have not cleared the bank and are not listed on the monthly bank statement.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

Cancelled checks are those that have been cleared or processed by the bank, not those that are pending or have not cleared. They are typically listed on the monthly bank statement as proof of payment.

Cancelled Checks Are Those Checks That Have Not Cleared the Bank