Description : (i) Check deposited into Bank but not cleared is called _________ cheque.
Last Answer : Complete the following statements: (i) Check deposited into Bank but not cleared is called _________ ... type of bank account is open by trader.
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.
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.
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
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.
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.
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.
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
Description : What is minimum balance should remain in a savings account with cheque book after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : b) Rs 500/
Description : What is the meaning of tahabil balance in bank cash book?
Last Answer : Need answer
Description : (i) Overdraft as per cash book means debit balance as per cash book.
Last Answer : Correct and rewrite the following statements. (i) Overdraft as per cash book means debit balance as ... on overdraft A/c is income for the business.
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
Description : What is the maximum balance may be deposited to Single/ Joint account a) 1 lac/2 lac b) 2lac/3 lac c) No maximum limit d) None of these
Last Answer : c) No maximum limit
Description : The amount of maturity inclusive of interest if becomes Rs 20000/- or above shall be paid by a) Cash only b) By crossed cheque c) By Credit into saving accounts d) Either B or C
Last Answer : d) Either B or C
Description : Bank charges debited by Bank increase bank balance as per Pass Book.
Last Answer : State whether the following statement are True or False with reason : Bank charges debited by Bank increase bank balance as per Pass Book.
Description : ________ is a cheque rather an amount of cheque, which is above the balance available in the account of the payer. A. Travellers cheque B. Multicity Cheque C. Mutilated Cheque D. Over Draft
Last Answer : D. Over Draft Explanation: An overdraft is an extension of credit from a lending institution when an account reaches zero. An overdraft allows the individual to continue withdrawing money even if the account has no funds in it.
Description : Mark the correct option a) No subsequent deposit allowed less than Rs 5 in saving account b) No withdrawal is allowed less than Rs 5 c) No withdrawal shall be permitted which has the effect reducing the ... to less than fifty in single account and less than 500 in cheque account d) All the above
Description : What is minimum balance should remain in a savings account without cheque account after withdrawal? a) Rs 50/- b) Rs 500/- c) Rs 1000/- d) Rs 100/
Last Answer : a) Rs 50/
Description : The application fee may be accepted in shape of____ payable to a) Cash/Account officer of the public authority b) DD/Cheque / Account officer of the public authority c) Indian Postal Order / Account officer of the public authority d) Any one of the above
Last Answer : d) Any one of the above
Description : Payment for purchase of a certificate may be made by a) Cash or cheque b) Pay order or DD c) Matured Certificate/SB Wdl d) All the above
Description : Mark the correct option a) A literate person can account with cheque facility b) No minimum amount is required for opening of Workers wage account c) Saving account can be opened by cash only d) All the above
Description : Which one is not online payment mode? a) Cash on delivery b) Debit card c) Credit card d) E-cheque
Last Answer : d) E-cheque
Description : Which one is not an offline payment mode? a) Cash on delivery b) Cash before delivery c) Demand draft d) E-cheque
Last Answer : b) Cash before delivery
Description : From the following duties , which is not entrusted as duty of treasurer a. Drawing cheque b . supply fund from the office cash c. receive cash from postman
Last Answer : a. Drawing cheque
Description : Payment of the fees can be made through a) cheque c) demand draft b) cash d) none of above
Last Answer : demand draft
Description : Which one is an online payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Last Answer : d. e‐cheque
Description : Which one is not an online payment mode? a. Cash on delivery b. Debit card c. Credit card d. e‐cheque
Last Answer : a. Cash on delivery
Description : Which one is not an offline payment mode? a. Cash on delivery b. Cash before delivery c. Demand drafts d. e‐cheque
Description : The Secure Electronic Transaction protocol is used for a. credit card payment b. cheque payment c. electronic cash payments d. payment of small amounts for internet services
Last Answer : a. credit card payment
Description : ................. uses electronic means to transfer funds directly from one account to another rather than by cheque or cash? (A) M-Banking (B) E-Banking (C) O-Banking (D) C-Banking
Last Answer : (B) E-Banking
Description : 1 Cash Balance ₹ 56,000 Bank Overdraft ₹ 11,000
Last Answer : Enter the following transaction of Mr. Chavan in a cash book with cash and bank column for the month ... cash and electricity bill ₹ 7,400 by cheque.
Description : The Aadhaar-Enabled Payment Systems(AEPS) is a bank led model that facilitates banking facilities by allowing transactions at Point of Sale through the Business Correspondent (BC) using the Aadhaar ... . Cash Withdrawal C. Online Payment D. Cash Deposit E. Aadhaar to Aadhaar funds transfer
Last Answer : C. Online Payment Explanation: Services Offered by AEPS: Balance Enquiry Cash Withdrawal Cash Deposit Aadhaar to Aadhaar Fund Transfer Gateway Authentication Services
Description : When the opening balance of cash and cash equivalent is added to the net increase , the total will be the____________ a) Closing balance of cash b) Closing balance of bank c) Opening balance of bank d) Closing balance of cash and cash equivalent
Last Answer : b) Closing balance of bank
Description : Which option is not mentioned in a firm’s balance sheet? A) Cash held at the bank B) Revenue from sales of the company’s products C) Total issued capital D) Value of stocks of raw materials held
Last Answer : Answer: B
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)
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.
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).
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.
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
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
Description : X Ltd. purchased a car from Maruti Udyog Ltd. for Rs. 5,00,000. As per agreement Rs. 80,000 was to be paid in cash and the balance by issue of shares of Rs. 10 each at a premium of Rs. 5 per share. How many ... . for the car ? (A) 30,000 shares (B) 29,000 shares (C) 28,500 shares (D) 28,000 shares
Last Answer : Answer: 28,000 shares
Description : What does the credit balance of Cash Book indicate?
Last Answer : What does the credit balance of Cash Book indicate?
Description : What is the object of Postmaster ‘s Balance Sheet ? a. Reconciliation of Daily Cash Book b. Reconciliation of HO Summary c. Reconciliation between HO Cash Book and TCB
Last Answer : c. Reconciliation between HO Cash Book and TCB
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.
Description : Who com merited that Cripps Mission was a postdated cheque on a crashing bank? -General Knowledge
Last Answer : The answer is 'Mahatma Gandhi'
Description : A crossed cheque is one, which can be encashed only at which bank? -Do You Know?
Last Answer : answer:
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.