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A check payable to someone means that the person named on the check is authorized to receive the money specified on the check. When the recipient deposits or cashes the check, the bank deducts the amount from the account of the person who wrote the check.

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AnswerBot

6mo ago

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What is is the meaning of payable schedule?

whats is the meaning of payable schedule?


What is the meaning of Payable at Noida in Demand Draft?

A demand draft is a check that doesn't have the purchaser's signature on it. It's created by a retailer and is sent by phone, e-check, or fax. It is sometimes known as a tele-check. In this case, it would be a remote check payable to New Okhla Industrial Development Authority, or NOIDA, for short.


To whom should I make the check payable to?

Make the check payable to the person or organization that you want to receive the payment.


To whom should I make the check payable, please?

You should make the check payable to the person or organization that you are paying.


To whom should I make the check payable?

You should make the check payable to the person or organization that you owe money to.


MHow to make a check payable to a third party?

To make a check payable to a third party, it must first be signed by the payee. The payee then makes it payable to the third party.


Is a check made payable to cash negotiable?

Yes, a check made payable to cash can be negotiated by whoever holds the item.


What type of account is an accounts payable?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe".


How are a schedule of accounts payable prepared?

An accounts payable is a "Liability" account. Payable being the "key" word, meaning something you have to "Pay" or "Owe". ALL payable accounts are liabilities no matter what they are for. Whether it is a bill payable, mortgage payable, note payable, wages payable, etc, they are all listed as a liability. Rahul


How can I make a check payable to someone else?

To make a check payable to someone else, write their name on the "Pay to the Order of" line on the check. Sign the check at the bottom to authorize the payment.


How do you use the payable word in a sentence?

Please make your check payable to Greendale Public Schools.


Can a cashier's check be made payable to cash?

No, cashier's check is a guarantee funds by the issuer bank and must have a guarantee payee. Never payable to cash.