Answered step by step
Verified Expert Solution
Question
1 Approved Answer
(1 marks) Question 4 Based on the cheque shown below answer the following questions: TARIKH DATE 11/8/2007 CUKUSETS SUDAH BAYARSTAMP DUTY PAD 24-14030 BAYAR PAY
(1 marks) Question 4 Based on the cheque shown below answer the following questions: TARIKH DATE 11/8/2007 CUKUSETS SUDAH BAYARSTAMP DUTY PAD 24-14030 BAYAR PAY 58 Chin Hoong Weng Fifty thousand only ATAU PESAWA BEARER ANKAR MALAYSIA KR RM 50,000-00 Dark IRAGAN TANDATASOAN DE BAWANGARIANTE NOSIONATURE BELOW THIS LINE 19630719 24-14030: 0100 23 16 5 210 1 a) What is the category of this cheque? Is it a Bearer or Order Cheque? b) If this Cheque is issued by David Chan using RHB Bank, who is the Payee, Drawer and Drawee? c) Can this Cheque be encashed at the counter and what is the amount? d) Can Chin Hoon Weng pass the check to his brother and encash it at the bank? Why? e) When is the last date to use this Cheque? (10 marks)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started