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labwork [276]
2 years ago
10

For accounting purposes, postdated checks (checks payable in the future) are considered to be

Business
1 answer:
klio [65]2 years ago
6 0

The postdated checks are considered to be an accounts receivable for accounting purpose.

<h3>What is a postdated checks?</h3>

These are checks that is expected to make a payment to be processed on a specified date in the future.

However, in accounting, the postdated checks are considered to be an accounts receivable by a firm for accounting purpose.

Read more about postdated checks

<em>brainly.com/question/3257002</em>

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