Question
In the check collection process, the first bank that receives the check for payment is the _____ bank. Multiple Choice a. Payee b. Payor c.
In the check collection process, the first bank that receives the check for payment is the _____ bank.
Multiple Choice
a. Payee
b. Payor
c. Depositary
d. acceptor
e. certifying
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Intermediate Accounting Volume 1
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
13th Canadian Edition
1119740460, 978-1119740469
