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What is the journal entry for cheque of another bank deposited to bank?
[Debit] Bank account [Credit] Cash account
Can cross cheque be deposited in bearer account?
A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).
Can a government cheque be deposited in an inactive bank account?
is it possible for money to be deposited in an inactive bank account
What are the power of check holder?
You can issue a cheque for payment, cancel a cheque, get the cheque deposited through the bank.
What time does a cheque get direct deposited into a scotia bank?
?
What does CLG mean on a bank statement?
Cheque deposited and cleared
What is a sentence for. cheque?
She wrote a cheque to pay for her groceries at the store.
How do you encash crossed cheque?
Deposit it into your bank account A crossed cheque cannot be cashed directly. It can only be deposited into a bank account.
What will be the entry in cash book when cheque is paid to bank?
There will be no entry in cash book when cheque is paid into bank if cash was deposited into bank then there will be entry in cash book
How do you use deposited in sentences?
I deposited the cheque into my bank account. I made a deposit on the new T.V. set.
How much time bank takes to clear a cheque of other bank and of other state?
If the cheque belongs to another bank but belongs to the same city - 2 days (Max) If the cheque belongs to another bank but belongs to a different city but same state - 2 to 3 days (Max) If the cheque belongs to another bank and belongs to a different state - 3 to 5 days (Max) All the durations above are under the assumption that the cheque issuing account has cash to pay for it. The bank may not clear the cheque if the account doesn't have funds for it.
Meaning of To Clearing when cheque is deposited?
It means that the money has exchanged from one bank to the next.
