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Name the receipt which is issued by bank when cheque deposited in bank account |
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Answer» Accounting provides information on A\xa0deposit\xa0slip is a small paper form that a\xa0bank\xa0customer includes when\xa0depositing\xa0funds into a\xa0bank account. A\xa0deposit\xa0slip, by definition, contains the date, the\xa0name\xa0of the depositor, the depositor\'s\xa0account\xa0number, and the amounts being\xa0deposited.\xa0A\xa0bank check, also known (confusingly) as a certified\xa0bank check\xa0or cashier\'s\xa0check, is a\xa0check\xa0that\'s issued and guaranteed by a\xa0bank. When a checking account holder obtains a\xa0bank check, the\xa0bank\xa0removes the specific amount of money from the payer\'s checking account and moves it into a separate account. |
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