What is a cheque
Answers were Sorted based on User's Feedback
Answer / nidhi gupta
cheque is an instrument to payment for state to state by easier way which useful for the payment
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Answer / sanjay singh
when the cheque issued then it comes under the nagotiable
instrument act 1981 , and cheque issued by a holder for a
demand by the public and bankers , Cheque can be bounce and
can be a refund by the banker for a many way.like a sign
mismatch , not suffcient balance in the account holder, etc.
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Answer / dwarkesh girase
cheque is q negotiable insturment,It is a document issued to
a bank that entitles the person whose name it bears to claim
the amount mentioned in the cheque. If he wants, he can
transfer it in favour of another person.
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Answer / bharat kumar malhotra
cheque is a part of amount transaction with related to
bank.if have to pay to money to party,supplier etc.than we
have used cheque on the place of money. when we issue a
cheque to party than who is hold of money mention on
cheque. so we can easily say that cheque is part of money
transaction.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / sudarshan
ch. is an instrument which is useful for the payment
| Is This Answer Correct ? | 25 Yes | 27 No |
Answer / mushtaq ahmed
check is just a paid or paper throught to collect the money
and its issue a banker to facilate our account holder.
| Is This Answer Correct ? | 6 Yes | 8 No |
Answer / aaron
cheque is an instrument for make a transcation with
respective records.
| Is This Answer Correct ? | 7 Yes | 10 No |
Answer / axl rose adanza
cheque is nothing but,it's is a like a money it was pay in
bank with proper security.
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / shaik
Cheque is nothing but, its is a Like a Money it was pay in
bank with proper security
| Is This Answer Correct ? | 16 Yes | 23 No |
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1 Answers Bank Of America, Bank Of India,
Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.
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