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14y ago

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Is it possible to cash a check at my bank without depositing it?

Yes, it is possible to cash a check at your bank without depositing it if you have sufficient funds in your account to cover the amount of the check.


Pass an entry depositing cash in hand?

cash a/c dr bank a/c


What is a bank CD?

A CD refers to a Certificate of Deposit. It is a certificate given to you by a bank for depositing cash with them. They would pay you an interest for having the deposit with them.


What are the accounting journal entries to record depositing cash for common stock?

[Debit] Cash /bank [Credit] Common Stock


Can someone help me by cashing a check for me?

Yes, someone can help you cash a check by depositing it into their bank account and giving you the cash.


What is cashing checks?

Checks are monetary instruments that can be exchanged for cash. Cashing a check is the process of converting a check into cash. It can be done by submitting/depositing the check with the bank that has issued it or by depositing it with any bank that we have a bank account with. In the former cases you'll get cash immediately and in the case of the latter you'll get cash in 3-4 days if the account has enough funds to pay for the check.


Meaning of pay in slip in bank?

Pay-In-Slip is a bank record which he customer has to fill in before depositing the cash into bank .It is a source document .


Whose PAN no is required while depositing rs 49999 or more in the bank account whether it is account holder's or the third party's PAN number who is depositing the cash?

The person who is depositing money


Can you transfer cash to a debit card?

Yes, you can transfer cash to a debit card by depositing money into your bank account linked to the debit card.


Is it possible to partially cash a check?

Yes, it is possible to partially cash a check by depositing a portion of the check amount into your bank account and receiving the remaining amount in cash.


What is the journal entry for cash ch paid to X Rs.5000?

Debit Mr. X 5000 credit bank 5000


Can a bank ask why you only deposit cash?

They cannot ask why you are depositing cash but they can always ask, how you got the money. The bank has the right to know the source of the funds that are being deposited into an account with them. This is done to catch potential money launderers and terrorism financers. So, as long as you have a legal source of income for the cash you are depositing, you have nothing to worry about.