WebAug 26, 2014 · The cheque, or check, counterfoil is the part of the check that is kept by the issuer and it serves as a record of a transaction. The counterfoil is also called a … WebOct 11, 2024 · What does counterfoil mean? (such as a document or a phonograph record or a photograph) providing permanent evidence of or information about past events) counterfoil definition: 1. the part of a ticket, cheque, etc. that is kept as a record of payment2. the part of a ticket, cheque, etc. which you keep as a record of.
cheque counterfoil definition English definition dictionary Reverso
WebJun 28, 2024 · A cheque counterfoil is used to record transactions representing cheque payments. A cash receipt is one of the source documents of the Creditors Journal. What … WebThis is a cheque whereby the printed word Bearer on the cheque is cancelled. The cancellation of the word Bearer automatically makes the cheque an order cheque. An order cheque can be paid to the named … these days football is one of
Counterfoil Definition & Meaning Dictionary.com
WebThe counterfoil of the pay in slip becomes a source document, which acts as an evidence for the customer to record this transaction in the books of accounts. ... Cheque: A cheque in an unconditional order, drawn upon a specified hanker, signed by the maker, directing the banker to pay on demand a certain sum of money only to the order of a ... WebA cheque is a document that orders a payment of money from a bank account. The person writing the cheque, the drawer, has a transaction banking account where their money is held.The drawer writes the various details including the monetary amount, date, and a payee on the cheque, and signs it, ordering their bank, known as the drawee, to pay that … WebMay 18, 2007 · May 16, 2007. #7. Any cheque when being deposited in a bank requires a pay-in-slip/challan duly filled in with the cheque No./date A/c No. / name details. thats the standard procedure. A bank pay-in-slip/challan carries a counterfoil too, which the bank will endorse and return as proof of receiving the cheque. these days festival 2022