(i) Check deposited into Bank but not cleared is called _________ cheque.

(i) Check deposited into Bank but not cleared is called _________ cheque.
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Complete the following statements: (i) Check deposited into Bank but not cleared is called _________ ... type of bank account is open by trader.
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Cheque deposited into Bank increases the Bank balance as per Cash Book.

Description : Cheque deposited into Bank increases the Bank balance as per Cash Book.

Last Answer : State whether the following statement are True or False with reason : Cheque deposited into Bank increases the Bank balance as per Cash Book.

A cheque received and deposited into the bank on the same day is a contra entry.

Description : A cheque received and deposited into the bank on the same day is a contra entry.

Last Answer : State whether the following statement are True or False with reason : A cheque received and deposited ... bank on the same day is a contra entry.

ACG 28 denotes ----------- a. Register of dishonoured Cheque b. Register of cheques received and cleared c. None of these

Description : ACG 28 denotes ----------- a. Register of dishonoured Cheque b. Register of cheques received and cleared c. None of these

Last Answer : b. Register of cheques received and cleared

On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above

Description : On a Cheque instead of two parallel lines only bank‟s name is written is known as _________ A. Payable to bearer B. General Crossing C. Special Crossing D. Both (B) and (C) E. None of the Above

Last Answer : C. Special Crossing Explanation: When a particular bank s name is written in between the two parallel lines the cheque is said to be specially crossed.The effect of special crossing is that ... is written in the crossing. Specially crossed cheques are more safe than a generally crossed cheques.

If the endorser signs, but does not give his/her name to whom he/she wishes to transfer the cheque is called _________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

Description : If the endorser signs, but does not give his/her name to whom he/she wishes to transfer the cheque is called _________ A. Restrictive Endorsement B. Partial Endorsement C. Conditional Endorsement D. Facultative Endorsement E. Blank Endorsement

Last Answer : E. Blank Endorsement Explanation: If the endorser signs, but does not give his name to whom he wishes to transfer the cheque is called Blank Endorsement.

Question about how a bank knows that a check has cleared - how do they know?

Description : Question about how a bank knows that a check has cleared - how do they know?

Last Answer : answer:1) That would require change, and change costs money. Therefore, the only changes that they will make are those that earn back more than they cost, whether through increased volume or ... calendar day at worst, but that assumes that financial institutions have moved into the 21st century.

What do you do when your boss refuses to pay you, I asked him to hold out taxes, or 1099 me. he keeps telling me the checks have not cleared the bank!

Description : What do you do when your boss refuses to pay you, I asked him to hold out taxes, or 1099 me. he keeps telling me the checks have not cleared the bank!

Last Answer : answer:Tell him if he does not pay up. You are going to notify the state, and IRS (tax fraud) and local police department (civil). You will also be contacting the better business bureau (price gouging) ... promised you would be paid. You need to see this as if you will never see your money again.

Cabinet Committee on Economic Affairs (CCEA) cleared the proposal of Axis Bank for increasing foreign shareholding limit from existing 62 per cent to ____ per cent. A) 70% B) 84% C) 74% D) 65% E) None of these

Description : Cabinet Committee on Economic Affairs (CCEA) cleared the proposal of Axis Bank for increasing foreign shareholding limit from existing 62 per cent to ____ per cent. A) 70% B) 84% C) 74% D) 65% E) None of these

Last Answer : C) 74% Explanation: Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi cleared the proposal of Axis Bank for increasing foreign shareholding limit from existing 62 per cent to 74 per cent.

Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is deposited in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Description : Is there Zakat on the money of the association ? I owe Rs 50,000 / - to one and Rs 47,000 / - to another. We have an association where I have deposited Rs. 150,000 / -. The money of the association is ... in the bank , no work is done. Do I have to pay zakat ? How much more do you have to pay ?

Last Answer : : If a person has zakatable assets worth the equivalent of 52.5 tolas (612.36 grams) of silver, then zakat is obligatory on him at the end of the year. So zakat has become obligatory in the case ... total amount of Zakat has to be collected by calculation. (Hedaya: 1/196 , Addurrul Mukhtar: 2/30)

Can money be deposited or employed in a bank or association ? Many banks or associations in our country have interest , is it legal to deposit money or work in these banks or associations ? And if someone works in such an association or bank, is it permissible to offer prayers behind him ?

Description : Can money be deposited or employed in a bank or association ? Many banks or associations in our country have interest , is it legal to deposit money or work in these banks or associations ? And if someone works in such an association or bank, is it permissible to offer prayers behind him ?

Last Answer : Conventional banks or associations are based on interest economy. The exchange of interest is the main work of these banks or associations. In the present capitalist economy, these banks are the main means of ... 3 More See books like Ahsanul Fatawa-3/209 , Imdadul Fatawa-1/411 , Gunia-480 etc.

Can I lose the money deposited in the bank?

Description : Can something happen that I don't get my money?

Last Answer : If the bank goes bankrupt and you have more than € 100,000 in your account (s) ... If you have higher deposits, “throw them” into more banks).

1 Started business with cash ₹ 30,000.  2 Opened a current account with the bank and deposited ₹ 9,000. 

Description : 1 Started business with cash ₹ 30,000.  2 Opened a current account with the bank and deposited ₹ 9,000. 

Last Answer : Enter the following transaction in a cash book with cash and bank columns for the month of April 2019 : ... from the bank for office use ₹ 1,000.

(i) Type of bank account in which money is deposited for a fixed period of time.

Description : (i) Type of bank account in which money is deposited for a fixed period of time.

Last Answer : Give a word/term or phrase for each of the following statements: (i) Type of bank account in ... ) A person in whose favour the cheque is endorsed.

What happens to a river when sediment is deposited along it's bank?

Description : What happens to a river when sediment is deposited along it's bank?

Last Answer : It might get more narrow, I mean since they are rocks it will close the path more

Give the general term used to designate the sand, silt, and mud deposited by a stream, along its bank or upon its flooplain, during periods of high water.

Description : Give the general term used to designate the sand, silt, and mud deposited by a stream, along its bank or upon its flooplain, during periods of high water.

Last Answer : ANSWER: ALLUVIUM or ALLUVIAL

When cheque is ________ into bank Cash Book is debited. 

Description : When cheque is ________ into bank Cash Book is debited. 

Last Answer : When cheque is ________ into bank Cash Book is debited. (a) written (b) issued (c) deposited (d) dishonoured

If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?

Description : If a bank account is only overdrawn by 85c, can they still 'bounce' a customer's cheque?

Last Answer : It doesn’t matter if it’s 85 cents or 85 dollars. To a bank, overdrawn is overdrawn.

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : The answer is 'Mahatma Gandhi'

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?

Last Answer : answer:

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge

Last Answer : answer:

(i) Refusal by the bank to make payment of a cheque.

Description : (i) Refusal by the bank to make payment of a cheque.

Last Answer : Give one word/term/phrase which can substitute each of the following statements: (i) Refusal ... making payment to outside parties through the bank.

1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645. 

Description : 1 Cash Balance ₹ 33,000 Bank Balance ₹ 8,000 3 Received from Prerna cash ₹ 2,750 and a bearer cheque for ₹ 645. 

Last Answer : Enter the following transaction of Hariram Bros, in a cash book with cash and bank column for the month of ... the bank all cash in excess of ₹ 5,000.

(i) When a bank refuses to make the payment of the cheque, it is said to be ________

Description : (i) When a bank refuses to make the payment of the cheque, it is said to be ________

Last Answer : Complete the following sentences: (i) When a bank refuses to make the payment of the cheque, ... v) _________ advance is given to the petty cashier.

(i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Description : (i) Issue of Bearer cheque record on payments side of cash book in Bank Column.

Last Answer : Do you agree with the following statements : (i) Issue of Bearer cheque record on payments ... transactions are recorded in the cash book only.

Write a letter to the bank to stop the payment of the cheque.

Description : Write a letter to the bank to stop the payment of the cheque.

Last Answer : Write a letter to the bank to stop the payment of the cheque.

i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Description : i. A slip is used for depositing cash and cheque in the Bank account. ii. Permission to withdraw excess amount from Current Account.

Last Answer : Write a word or a term or a phrase that can substitute each of the following statement: ... Instrument which can be discounted with the bank.

Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Description : Which of the following cheque issued by a customer under a pre-approved arrangement with the bank? A. Travellers cheque B. Multi-city Cheque C. Mutilated Cheque D. Crossed Cheque

Last Answer : B. Multi-city Cheque Explanation: A Multi-City Cheque (MCC) is one that can be written by the customer in favour of his client and is payable at par at all branches of the Bank. These are issued as Order Cheque.

With reference to a cheque which of the following is the „drawee bank‟ ? A. The bank that collects the cheque B. The payee‘s bank C. The endorser‘s bank D. The bank upon which the cheque is drawn

Description : With reference to a cheque which of the following is the „drawee bank‟ ? A. The bank that collects the cheque B. The payee‘s bank C. The endorser‘s bank D. The bank upon which the cheque is drawn

Last Answer : D. The bank upon which the cheque is drawn Explanation: Drawee is a legal and banking term used to describe the party that has been directed by the depositor to pay a certain sum of money to the person presenting the check or draft. A typical example is if you are cashing a paycheck.

When a customer deposits cheque to a bank, the bank is a(n) A. Drawer B. Agent C. Principal D. Drawee E. Bailee

Description : When a customer deposits cheque to a bank, the bank is a(n) A. Drawer B. Agent C. Principal D. Drawee E. Bailee

Last Answer : B. Agent Explanation: When a customer deposits cheque to a bank then that particular bank acts as an agent for the customer. Collection occurs when the drawee bank (the bank ordered by the cheques ... of the drawer (its customer who has written the cheque) and presents it to the collecting bank.

_______ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque. A. Crossed Cheque B. Open Cheque C. General Crossing D. Restrictive Crossing E. None of the Above

Description : _______ is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque. A. Crossed Cheque B. Open Cheque C. General Crossing D. Restrictive Crossing E. None of the Above

Last Answer : B. Open Cheque Explanation: An open cheque is a cheque that is not crossed on the left corner and payable at the counter of the drawee bank on presentation of the cheque.

Who com merited that Cripps Mission was a postdated cheque on a crashing bank?

Description : Who com merited that Cripps Mission was a postdated cheque on a crashing  bank?

Last Answer : Mahatma Gandhi

Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Description : Mark the correct option relating to cheque collection charges. a) Rs 30/- for a cheque up to Rs 1000/- b) Rs 3/- per thousand beyond Rs 1000/- c) No collection charges will be charged on outstation cheque of Post office saving bank drawn in post office saving bank d) All the above

Last Answer : d) All the above

Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Description : Cheque payment of Postage from the holders of Franking machine licenses can be accepted with bank guarantee. The above said statement is a. True b. False

Last Answer : b. False

A cheque drawn on any bank located at the same station as that of the head post office and accepted at any of its sub offices will also be regarded as----------- a. Local Cheque b . Outstation Cheque

Description : A cheque drawn on any bank located at the same station as that of the head post office and accepted at any of its sub offices will also be regarded as----------- a. Local Cheque b . Outstation Cheque

Last Answer : a. Local Cheque

A bank doesn't honour 1. an ante-dated cheque 2. a state cheque 3. a post-dated cheque 4. both 2 and 3 5. None of these

Description : A bank doesn't honour 1. an ante-dated cheque 2. a state cheque 3. a post-dated cheque 4. both 2 and 3 5. None of these

Last Answer : both 2 and 3

Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash

Description : Cheque card issued by a bank which guarantees the payment of_______ within prescribed limit. (a) Cheque b) purchase c) cash

Last Answer : (a) Cheque

For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier C. Within a period of 15 days from the date on which it is drawn D. None of the above.

Description : For the purpose of attracting the provisions of section 138 of the Negotiable Instruments Act, 1881, a cheque has to be presented to the bank A. Within a period of six months B. Within a period of six ... . Within a period of 15 days from the date on which it is drawn D. None of the above.

Last Answer : B. Within a period of six months from the date on which it is drawn or within the period of its validity, whichever is earlier

The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof B. The payment by a bank on a negotiable instrument after due verification of the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above.

Description : The term 'negotiation' in section 14 of the Negotiable Instruments Act, 1881 refers to A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the ... the instrument C. The bargaining between the parties to a negotiable instrument D. All of the above

Last Answer : A. The transfer of a bill of exchange, promissory note or cheque to any person, so as to constitute the person the holder thereof

A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Description : A document issued by Bank for local payments a. NEFT b. RTGS c. EFT d. Banker’s Cheque/Pay Order

Last Answer : d. Banker’s Cheque/Pay Order

Do you think that bad luck can be cleared away? Or changed in someway?

Description : Do you think that bad luck can be cleared away? Or changed in someway?

Last Answer : The native Americans burn white sage around the interior perimeter of their homes to dispel bad energy.

Once a check has cleared, can the "payee" put a stop on it?

Description : Once a check has cleared, can the "payee" put a stop on it?

Last Answer : Hm, my advice would be to actually deposit it to the teller. Once the check is signed and dated and you worked those hours the company cannot legally put a check stop.

Can plastic headlights on a car be cleared up?

Description : Can plastic headlights on a car be cleared up?

Last Answer : This should help. http://www.youtube.com/watch?v=gMwQpmY1_8M

Climategate' scientists cleared. Should there be consequences for the 'Deniers' who cried hoax without evidence of wrongdoing?

Description : Climategate' scientists cleared. Should there be consequences for the 'Deniers' who cried hoax without evidence of wrongdoing?

Last Answer : answer:The deniers should be held accountable but they won't. No one holds Glenn Beck or Rush accountable for some of their nonsense. It is up to the voice of reason (us) to spread the word. . (By the ... Obama was born on a alien space ship.) That will keep a few birthers happy for a week or two.

Getting vehicle title cleared?

Description : Getting vehicle title cleared?

Last Answer : what’s a salvaged title? vehicle was junked?

If I accidentally cleared a text message conversation on my iPhone, is there any way to get it back?

Description : If I accidentally cleared a text message conversation on my iPhone, is there any way to get it back?

Last Answer : Was it there the last time you backed up your iphone?

Hey people!1 im appearing for the GDOC test on the 21st.Iv cleared the written test and am going for the psychological test and the physicaltest followed by the interviews.Idont have any idea about the questions that are going to be asked in the psychological test or the interview.Someone help please!

Description : Hey people!1 im appearing for the GDOC test on the 21st.Iv cleared the written test and am going for the psychological test and the physicaltest followed by the interviews.Idont have any idea ... questions that are going to be asked in the psychological test or the interview.Someone help please!

Last Answer : Hopefully it’s nothing about the details field in ask-public. Sorry I had to

what's best grass to plant in an acre lawn recently cleared in Lexington?

Description : what's best grass to plant in an acre lawn recently cleared in Lexington?

Last Answer : Need Answer

Name the farming in which a patch of land is cleared and burned for cultivation. -Geography

Description : Name the farming in which a patch of land is cleared and burned for cultivation. -Geography

Last Answer : The slash and burn' method of farming known as Jhumming cultivation' in India is practiced generally by tribal people. It is also known as shifting cultivation. In this system, forest ... of soil fertility, the farmer moves to newer forest lands often leading to severe environmental degradation.