Deposits may be in transit or checks written may not have cleared the account
yup
To keep track of the amount of money in your checking account
Usually not. Checking accounts give you a checkbook, but the idea behind a savings account is that you try to save the money instead of using it regularly, so usually checks and debit cards are only attached to the checking account. Of course online it is just as easy to access your savings account as your checking account.
an informal recored of all deposits to and withdrawals from a given checking account
At the end of the month you do a checkbook reconciliation in order to balance your checkbook to ensure that the balance agrees with what the bank says is in your account. You do this by totaling all the checks you wrote for the month, along with any charges the bank has levied such as the cost of writing the checks etc, and deducting them from the previous month's balance. Then you add up all your deposits for the same period, and your checkbook balance should agree with what the bank says you now have in your account. Checks are fast becoming obsolete for most people as they move to on-line banking and are paying their bills electronically.
For a savings account without a checkbook, Rs500 is the minimum balance required to open and maintain the account. For a savings account with a checkbook, the minimum balance doubles to Rs1,000.
A checkbook balancer could be a person doing simple adding and subtracting of the numbers in their checkbook account. It is also a software program or a device.
yup
yup
Balancing a checkbook and a checking account are one in the same. A checkbook is simply a written record of checks you've written, however you might need to reconcile your checkbook if you use your checking account for more than just handwritten checks (debit card purchases, electronic payments, etc)
To keep track of the amount of money in your checking account
To keep track of the amount of money in your checking account
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
Yes, the noun 'checkbook' is a common noun; a general word for preprinted, bound forms for written orders to a bank to pay a sum from the account stated on the form; a word for any checkbook of any kind.
It is a booklet used to record checking account transactions. To keep track of the amount of money in your checking account
Usually not. Checking accounts give you a checkbook, but the idea behind a savings account is that you try to save the money instead of using it regularly, so usually checks and debit cards are only attached to the checking account. Of course online it is just as easy to access your savings account as your checking account.
you don't, when you surrender the checkbook get a receipt, otherwise if you mail it, do it registered with receipt and do it easy: quote Name, address, date to ..... Bank Address Att: ......Manager re: Surrender Checkbook Account # Dear ladies and gentlemen; Please find enclosed the checkbooks for account #...... Kind regards ...... enclosed: checkbook checks number ...... to ...... for account # unquote Please find enclosed