Advantages:
Disadvantages:
a. We must always keep track of our bank balance before issuing a check. Issuing a check without sufficient balance in the account is a felony
b. Checks can be lost or stolen and the customer must be careful to not let that happen.
Some disadvantages are:You may lose the cheque or it might be stolenThe cheque issuer may not have sufficient balance in his acc to honor the cheque
The advantages are that you will be able to get more things for the business. The disadvantages are that they are a lot of costs.
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Some disadvantages are:You may lose the cheque or it might be stolenThe cheque issuer may not have sufficient balance in his acc to honor the cheque
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