Question

All checks shown in your check register but not on the bank account statement are called _______

blank checks
debits
credit checks
outstanding checks

Answer 1

The answer is outstanding checks.

Answer 2

The correct answer is the option D: outstanding checks.

Step-by-step explanation:

An ''outstanding check'' is the name given to a type of check whose main characteristic is that has been written by someone but it has not been cashed or deposited by the payee. This type of check represents a liability for the entity who acts as the payor because the principle situation that happen with this type of check is that the outstanding check has not yet cleared the bank account on which it is drawn. To sum up, it is understandable that this type of check are not shown in the bank account statement due to the fact that they were not cleared yet in the bank account of which it is drawn.