Can any body missuses the pass book of a saving account in a
bank in India? I mean in case some body steal a pass book, can
the account be stolen too?
Answers were Sorted based on User's Feedback
Answer / jyothi raj
Pass book is only a copy of transactions that the account
holder made in the past. For withdrawel of money from the
account, either he/she need a cheque or with drawel slip. A
person may obtain a withdrawel slip on producing the pass
book and if he/she is possible to imitate the original
person signature in the slip, sure he can misuse it.
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / himanshu sharma
noone can use the passbook because it is only records the
transaction that we done in past.. that person only check
the balance of a/c not maintain your a/c....
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / sujata ghare
No. as to withdraw money you have to fill the withdrawal
slip. Only passbook is not sufficient for withdrawal of money.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / bijender singh
No.Because it is the customer copy of statement of A/c only.
| Is This Answer Correct ? | 2 Yes | 4 No |
How to group the companies in tally?
Tell me the stages of double entry system?
Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet
what is portfolio
when re ordring quantity is 300 unit.minimum usage is 20unit minimum lead time is 5 days , maximum stock 400 unit , re - ordering will be: 1)300 unit 2)200 unit 3)400 unit 4)100 unit
definition of Accounts types of accounts debit and credit definition debit and credit rules accounting rules
1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).
What is trail balance
how to pass journal entry when cash received in the form of gold or other form?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
Explain: Accrual Concept, Realisation Concept, Going Concern concept, Accounting period Concept
What elements of your job do you find most difficult?