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What else can I help you with?
Check received is that an account payable?
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
A customer's check received in settlement of an account receivable is considered cash True or false?
true
Are postage stamps considered cash?
postage stamps are not considered cash or a cash equivalent. The reason is that stamps are not considered as liquid as cash because you can not demand cash payment for them.
Can a check be cashed if dated 210 days ago?
A check that is older than 90 days (or 180 days depending on the Country) is considered a stale or expired check. It is worthless and carries no value. You cannot cash such a check. Since the check is expired, the check issuing bank will not pay for it. So, you cannot cash a check that is 210 days old.
When a check considered to be stale?
Checks usually have a validity of 90 or 180 days (depending on the country) and after that date, the check is stale and worthless. No bank will accept such checks for cashing or cash it. Since it has no value it is considered to be stale.
Is it possible for me to cash a check twice?
No, it is not possible to cash a check twice. Once a check has been cashed, it is considered used and cannot be cashed again. Attempting to cash a check multiple times is considered fraud.
How can I cash a check with a different name on it?
You cannot cash a check with a different name on it. It is against the law and considered fraud.
Is a cashier's check considered cash when making a payment?
A cashier's check is considered a secure form of payment, similar to cash, because the funds are guaranteed by the bank.
Are postdated checks considered cash?
No. It is very well possible that when you cash the check it does not get paid.
Is it illegal to cash the same check twice?
Yes, it is illegal to cash the same check twice. This is considered check fraud and can result in criminal charges.
Is a cashier's check as good as cash?
Yes, a cashier's check is typically considered as good as cash because it is guaranteed by the bank that issued it.
Is it illegal to cash a check that isn't yours?
Yes, it is illegal to cash a check that isn't yours. This is considered fraud and can result in criminal charges.
Will a bank cash a cashier's check immediately?
Yes, a bank will typically cash a cashier's check immediately as it is considered a guaranteed form of payment.
Is a check considered to be money?
A check from a person's checking account with a bank is used as cash to make purchases. In that sense it is quite acceptable as cash currency.
Is it possible to cash a check with someone else's name on it?
No, it is not possible to cash a check with someone else's name on it without their permission. This is considered fraud and is illegal.
Check received is that an account payable?
No it's cash. Though it is in the form of a "check" it is easily transferred to cash and is recorded as such. Also, even if it wasn't considered cash (it is) it would be a receivable, not a payable.
Is it possible to cash the same check twice?
No, it is not possible to cash the same check twice. Once a check has been cashed or deposited, it is considered used and cannot be cashed again.
