Dear Sir, To All, What are the function of Account Opening Department in bank, Please kindly write here to me,,,,
it serves as a prime book as well as a ledger
cash in bank is current assests
to handle out flows and in flows of cash from domestic or international territories. It supplies the cash to dear ones frome the dear ones from aboard
You can cash a check from Deutsche Bank at any bank. Typically you will need to cash it at the bank in which you do business and provide identification in order to cash a check.
The sales department of the bank is responsible for improving the sales of the bank. They are responsible for reaching out to new/potential customers and canvassing them to open bank accounts or to apply for loans and other products like credit cards etc. If the sales department is not working efficiently, the bank may not be able to expand its customer base.
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
The journal entry would be: Bank A/c Dr To Cash A/c
Cash deposited will be shown in cash column while bank account will be debited to bank account and balance in bank column of cash book while as this is contra entry "C" will be shown in third column for both cash and bank.
Cash book with bank column is double column cash book.
A bank institution will never hand out a loan in cash money. The bank will almost always make a deposit to your bank account, from which you can then withdraw cash.