What is Cheque

Answer Posted / amarnath

Cheque is negotiable instrument. It is a written order to a
bank pay money to him/her(who is
bringing it) from given person account



.

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the main link between the income statement and the balance sheet?

1642


what is the scenario of multi-org setup?

1701


What exactly balance sheet depicts

1591


A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3082


hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview

1651






please provide wct retun guide line how can prepaire that

1912


Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1478


Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,

1360


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2191


what happens to each of the three primary financial statements when gross margin decreases?

1574


I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2069


differnce between the 4.7 & 6.0 versions?

1659


WHAT IS B.E.P. CHART

1964


what is the procedure for issuing th C form

2070


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4433