Write the missing word in the space provided, using the following words: deposited, drawer, payee. a A

Question:

Write the missing word in the space provided, using the following words: deposited, drawer, payee.

a A crossed cheque has to be . . . . . . . . . in a bank account.

b The business to whom a cheque is made payable is the . . . . . . . . . and the person signing the cheque is the . . . . . . . . .

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Accounting An Introduction To Principles And Practice

ISBN: 9780170403832

9th Edition

Authors: Edward A. Clarke, Michael Wilson

See More Books

Question Posted: Feb 23, 2024 03:02 PM

See More Questions

1. What is different about this situation and the fictitious payee exception? 2. Evaluate this statement, UCC Article 3 does not provide protection for checks written to bad fund managers. Is it true...
Before the court is Defendants Motion for Summary Judgment. The core issue presented by the motion is whether and to what extent a collecting or depository bank will be liable to the drawer or the...
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
Top Bun, an international bread empire that reports under IFRS. Their fiscal year-end is December 31, 2022. They began the year on January 1, 2022 with 102116 common shares. They issued 56760 common...
Verify a) that the numbers in the second column of Table 24.3 are consistent with the numbers in Table 24.1 and b) that the numbers in the fourth column of Table 24.4 are consistent with the numbers...
Cech Corporation issued $800,000 of 8% bonds on October 1, 2010, due on October 1, 2015. The interest is to be paid once a year on October 1. The bonds were sold to yield 10% effective annual...
Jarvis Corporation has six different operating segments reporting the following operating profit and loss figures: K $ 80,000 loss N $440,000 profit L 140,000 profit O 90,000 profit M 940,000 loss P...
The units of an item available for sale during the year were as follows: There are 50 units of the item in the physical inventory at December 31. The periodic inventory system is used. Determine the...
Snow Inc. has developed a powerful efficient snow blower that is significantly less polluting than existing snow blowers currently on the market. The company spent $ 1 , 5 0 0 , 0 0 0 developing this...
Prepare handwritten receipts for J Lawson, whose business has received the following amounts: a 2 June 2022: $100.10 cheque from J Adam for a cash sale. b 6 June 2022: $83.60 cash from a sale of...
List the supporting documents that must be checked by a business during the process of preparing a tax invoice for the sale on credit of goods, services or other items.
How can you make the first telephone conversation with an employer impressive?
For this online discussion, we will explore the relevance of various management styles in the context of your respective organizations. Your task is to review different management styles and propose...
Is a t-Distribution Appropriate? A sample with size n = 10 has x = 508.5, and s = 21.5. The dotplot for this sample is given below. 0000 00 500 510 520 530 540 550 560 570 Indicate whether or not it...
Interpret the results. Write a statement to summarize your conclusion. Is a relationship present? Do we accept or reject the null hypothesis? Are the two variables related? Why or why not?
Case study information Australian Renewable Energy Hub Source: https://research.csiro.au/hyresource/australian-renewable-energy-hub/ April 20th, 2023 The Australian Renewable Energy Hub (AREH) will...
Listening is a crucial leadership skill that is essential for building effective relationships and solving problems. Write a paper that explores the importance of listening as a leadership skill,...
Alex Sanchez won a $12 500 prize that he deposited in an account paying 5.95% com- pounded semi-annually for 10 years. At the end of 10 years, he reinvested the balance into an annuity that paid $500...
Design an experiment to demonstrate that RNA transcripts are synthesized in the nucleus of eukaryotes and are subsequently transported to the cytoplasm.
Give an example of how a firm has used information technology to improve its marketing implementation and do a better job of meeting your needs.
Should marketing managers leave it to the accountants to develop reports that the marketing manager will use to improve implementation and control? Why or why not?
Various breakdowns can be used for sales analysis depending on the nature of the company and its products. Describe a situation (one for each) where each of the fol lowing brea k downs would yield...
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2...
Prepare the adjusting journal entries and Post the adjusting journal entries to the T-accounts and adjust the trial balance. Dresser paid the interest due on the Bonds Payable on January 1. Dresser...
Venneman Company produces a product that requires 7 standard pounds per unit. The standard price is $11.50 per pound. If 3,900 units required 28,400 pounds, which were purchased at $10.92 per pound,...

Write the missing word in the space provided, using the following words: deposited, drawer, payee. a A

Question:

Step by Step Answer:

The missing words are a deposited b payee drawer ...View the full answer

Accounting An Introduction To Principles And Practice

Students also viewed these Business questions