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What will the journal entry for business started with 30000 cash and 100000 bearer cheque?
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∙ 11y ago
suman
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∙ 11y ago
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Can cross cheque be deposited in bearer account?
A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).
What does or bearer written on a cheque mean?
'or bearer' means that the check can be cashed by whoever presents the check to the bank - bearer means carrier in this context.
Can a bank issue bearer demand draft?
no,because bearer draft is like a currency which can be issue only by rbi hence cant be issue bearer
How do you treat a bearer cheque in cash book?
how bearer cheque posting in cash book
What does payable to bearer mean on checks?
It means that, money will be paid out to the person who is holding (bearer) the check. For ex: If I owe you Rs. 10,000/- and give you a bearer cheque of my bank account with ICICI Bank, all you have to do is, visit your nearest ICICI Bank branch and then submit the cheque for payment. The bank will ask for your identity proof to verify that you are indeed the payee for the cheque and if they are satisfied, they will give you the cash right away. You, the person carrying the cheque will be considered the bearer of the cheque.
What has the author Agnes E Ryan written?
Agnes E. Ryan has written: 'The torch bearer' -- subject(s): Suffrage, Woman's journal (Boston, Mass. : 1870), Women
What is the person who raises and lowers the flag called?
"flag-bearer"
Can cross cheque be deposited in bearer account?
A crossed cheque must be banked. If the or bearer is not also crossed/deleted; then, strictly speaking, the cheque can be banked into the holder (bearer) of the cheque [and the bank teller will write the bank account number into which the cheque is being deposited].Some countries will only let the cheque be deposited into the bank account of the person/business named on the cheque (even if the or bearer is not crossed/deleted).
What rhymes with flag bearer?
tag bearer
How do you spell pall bearer?
pall bearer
What is a cone bearer?
A cone bearer is a cone that bears
What means pore bearer?
What means pore bearer
When was Water Bearer created?
Water Bearer was created in 1978.
When was The Sword Bearer created?
The Sword Bearer was created in 2006.
What is the name given to the olympic flame bearer?
The Olympic torch bearer.
Who is undertakers father?
Paul Bearer
What does or bearer written on a cheque mean?
'or bearer' means that the check can be cashed by whoever presents the check to the bank - bearer means carrier in this context.
