what is a cash vault deposit
Banks will accept any amount if you deposit it. However any cash deposit made over $10,000 will be reported to the IRS.
no
Yes. There are no restrictions as to who can deposit cash into a checking account. Anyone can deposit cash into anyone else's account as long as they know the account number of the account into which they want to deposit cash. For ex: I can walk into the bank branch where you hold a checking account and deposit $500 into it if I know the account number. Nobody will ask or question me as to why I am doing so…
No. Certificates of deposit should be classified as cash equivalents or short-term investments. This is because there are usually restrictions or penalties on these securities when they are converted to cash.
A cash deposit is when you take actual cash (dollars and coins) to the bank and deposit them.
what is a cash vault deposit
A cash deposit slip is the same as a receipt, it is proof of your deposit, how much it is when you deposited etc.
25'912 cash plus 29913 interest deposit or 18608 cash plus 37200 interest deposit
withdraw and deposit entry
When you have cash deposit credit adjustment how do you post it to ledger account
When you have cash deposit credit adjustment how do you post it to ledger account
my Question is which has greater value? $52.565 cash plus $33.455 interest deposit or $33.999 cash plus $44925 interest deposit
debit bank accountcredit cash / bank
Yes.
No, an ATM machine allows you to withdraw money. You have to use a Cash Deposit machine.
Cash deposit to bank has contra entry as follows: [Debit] Bank account [Credit] Cash account