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How do you Cash or deposit check payable to two people with only one person present?
Wiki User
∙ 14y ago
Both person's signatures must appear on the endorsement of the check. If you are only depositing the check without any intention of withdrawing it there is usually not a problem. If you wish to cash it immediately and there is any question as to the validity of the second signature, the bank can compare the signatures against the "sample" signatures they will have on file.
Wiki User
∙ 14y ago
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Is Utility deposit considered accounts payable?
No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.
Can someone else deposit a check made out to you?
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
Can you deposit a check made out someone else?
A check that is made out to someone else can be deposited into your account if the person has signed the check. Check with your bank because many banks require that the person, who's name is on the check, be present during the deposit.
Is zakat payable if a person has loans from banks?
if you mean to be payed for the person that has loan so yes , this is one of the types people that you can give them zakat
Can you deposit your paycheck into someone else's checking account?
Each bank has different policies, so to find out the best answer, you should check with the bank where you are attempting to deposit the check.If they will allow you to deposit your paycheck into someone else's checking account, they will likely request that:- Both you and the account holder sign the check, in the presence of the teller- For you, the person to whom the paycheck is payable, to present unexpired, valid photo ID confirming that you are the person who you say you areAlternatives- The obvious: get your own bank account and deposit your check there.- Cash your paycheck, which can be done at the bank on which the check is drawn, at a check cashing service such as Amscot, or at certain banks or grocery stores that offer check cashing services.
What is endorsement of the cheque?
Usually, endorsing a check is done when you want to deposit or cash it, but it can also be done if you want to make a check payable to another person or party besides yourself. It's when you sign your name on the back.
What is the endorsement of a cheque?
Usually, endorsing a check is done when you want to deposit or cash it, but it can also be done if you want to make a check payable to another person or party besides yourself. It's when you sign your name on the back.
How do you recognize account payable?
Account payable is an account that is a Liability (current). When a person or company owes another company money on account, that is an account payable.
When is a deposit slip given to a person?
When they deposit money
Is Accounts receivable is the opposite of accounts payable?
Accounts Receivable = money owed to YOU by another person or companyAccounts Payable = Money YOU OWE to another person or company
Is income tax payable in jammu and kasmir?
yes income tax is payable in jammu and kashmir if the person is the resident of it.
What is accounts payable considered on trial balance?
Accounts payable is a liability. All payable accounts are considered a liability because it is something you owe another person/company.
