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The journal entry for a cheque issued to you by Ganesh would typically involve recording the receipt of cash or bank deposit. The entry would be: Debit Cash/Bank Account and Credit Ganesh's Account. This reflects the increase in your cash or bank balance due to the cheque received from Ganesh.
What else can I help you with?
Where do i make payments for us bank credit cards?
directly at the bank from where the cards were issued, or send them ( the bank) a cheque and make sure the acct number is on the cheque
What does post-dating a cheque mean?
It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post dated cheque.
What are consumer rights regarding bounced checks?
It depends on which customer you are. a. The customer who issued the cheque i. As per laws if we issue a cheque without sufficient funds in our account, the person who received the cheque can raise a complaint on us and we can be jailed. But if you offer to pay the due amount to the other person then you may be forgiven. b. The customer who tried to encash the cheque i. As per laws if you are issued a cheque which was returned because of insufficient funds, you can raise a legal complaint (with the police) on the person who issued you that cheque. The law authorities would take steps to ensure that your money is returned or the person who cheated you is sufficiently punished.
What does bounce a check mean?
A "cheque bounce" occurs when a person writes out a cheque, but there are not enough funds in his bank account to clear that cheque. Here's how it works: When you write a cheque, you are instructing your bank to move a certain amount of money from your bank account to someone else. The bank cannot move that kind of money if you do not have sufficient balance in your account. The bank returns the cheque to the person with the word "bounced" beside it. Cheque bouncing can incur any number of penalties, not to mention damaging your credit and even leading to litigation if bounced too often. Ensure you've got sufficient in your account so as not to bounce!
How do you apply online for cheque book bank of baroda?
please given us a cheque book of saving bank account
What is a dishonor check?
A Cheque is considered a dishonored if the bank account of the person who issued it does not have enough cash to pay for it. Let us say you issued a cheque to a friend for $1000 and your account has only $600 then the cheque would be dishonored.
Where do i make payments for us bank credit cards?
directly at the bank from where the cards were issued, or send them ( the bank) a cheque and make sure the acct number is on the cheque
What does post-dating a cheque mean?
It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post dated cheque.
What does Date posted mean?
It means, issuing a cheque that has a date that is past today's date. Let us say you issue a cheque today, May 28th 2009 and mark the cheque date as June 10th 2009, it means you have issued a post dated cheque.
What are consumer rights regarding bounced checks?
It depends on which customer you are. a. The customer who issued the cheque i. As per laws if we issue a cheque without sufficient funds in our account, the person who received the cheque can raise a complaint on us and we can be jailed. But if you offer to pay the due amount to the other person then you may be forgiven. b. The customer who tried to encash the cheque i. As per laws if you are issued a cheque which was returned because of insufficient funds, you can raise a legal complaint (with the police) on the person who issued you that cheque. The law authorities would take steps to ensure that your money is returned or the person who cheated you is sufficiently punished.
What does bounce a check mean?
A "cheque bounce" occurs when a person writes out a cheque, but there are not enough funds in his bank account to clear that cheque. Here's how it works: When you write a cheque, you are instructing your bank to move a certain amount of money from your bank account to someone else. The bank cannot move that kind of money if you do not have sufficient balance in your account. The bank returns the cheque to the person with the word "bounced" beside it. Cheque bouncing can incur any number of penalties, not to mention damaging your credit and even leading to litigation if bounced too often. Ensure you've got sufficient in your account so as not to bounce!
What does cheque mean in french?
a bank cheque (UK) (check)(US)
How long is a cheque valid in the US?
In the U.S., a cheque is generally considered valid for six months (180 days) from the date it is issued. After this period, it may be deemed "stale" and could be refused for payment by the bank. However, banks may still choose to honor stale cheques at their discretion. It's always advisable to cash or deposit a cheque promptly.
Is it correct to say send us with a cheque?
Not unless you want stamps sticking on your foreheads. But what you should have said is difficult to assess because I don't know what you want to say: Send us a cheque send a cheque with our letter? We are sending a cheque?
What is the exact meaning of an expired check?
Every bank cheque has a validity of 6 months from the date of issue of cheque. Let us say you issue a cheque to somebody on Jan 1st, till June 30th the cheque is valid. From July 1st the cheque is expired.
How do you apply online for cheque book bank of baroda?
please given us a cheque book of saving bank account
What is post dated chaque?
A Post Dated Cheque is one in which the cheque date will be after todays date. Let us say I give you a cheque today with date October 15th 2011, then it will be a post dated cheque. The point here is that you cannot cash that cheque before October 15th and it can be cashed only on or after the date written on the cheque.
