Answer / arnab

If you deposits a A/c Payee cheque in bank that will be
take a minimum 3 days time.That is Days of Grace.

In other way, a bill received by you dated on 01/01/2010.
But You will receive the amount receivable on 04/01/2010.
That's the effect of days of grace.

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what is a source document for a cancelled cheque

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i need to know the questions which are asked in the operational round in dell for finance and accounting process,.,

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