What is difference betwwn cheque & DD

Answers were Sorted based on User's Feedback



What is difference betwwn cheque & DD..

Answer / vaseem

check will be issued
by an account holder and whereas DD can be issued by a
banker only Cheque may get rejected due to lot many
reasons....but DD will not get rejected.

Is This Answer Correct ?    12 Yes 0 No

What is difference betwwn cheque & DD..

Answer / rabindra mallick

(1) Cheque can drawn by account Holder, but DD can be drawn by bank on behalf of account holder.
(2) Cheque has chance to dishonour than DD.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting General Interview Questions

“The investment, financing and dividend decisions are interlinked”. Comment.

3 Answers  


During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

0 Answers  


If current liabilities shown in assets side of balance sheet.... what they did wrongly??? how can change the liabilty side from asset side???

2 Answers   ADI, Blue Pearl, BridgeStone, Confidential, Orion, PIPL, Vignesh, Wipro,


what is journal entry of reserve for doutful debts.

3 Answers  


what is debit and credit in accounting

3 Answers  






how we will make the invoice agt the material sold to other party with the VAT adjustment. Also please pass the journal entry of all process.

1 Answers   Hitachi,


how we enter insurance claim entry in tally

4 Answers   Unibiz,


We had purchased 100 Electrodes @ Rs 20/- Each. After a year we found 2 Electrodes is missing by physical Count. My Question is what journal entry should we passed against missing of 2 electrodes.

3 Answers   IBM,


what is the D.V.T. rate from 1/10/2009

0 Answers  


what is indian currary (but not rupee) like bound etc...

1 Answers   Capital IQ,


what are your current financial and accounting projects? What is your role?

0 Answers  


we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?

0 Answers   Accenture,


Categories