The process of reconciling cheques between banks is termed cheque? by Sunday | Dec 2 | Accounting JAMB | 0 comments A. clearing B. truncation C. holding D. confirmation Correct Answer: Option A – clearing Users Also Read These:A cheque bearing a date showing that it was issued…Unpresented cheques are cheques ________?If cheques of N40000 were received but a cheque of…In reconciling the branch and head office accounts;…The letters R/D on a cheque shows that the cheque is?