BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Less Cash Received Another example would be if you are depositing cash and checks but want to receive your cash back in a different amount or denomination. In this example, $50 in the form of a fifty-dollar bill is requested so $50 is entered on the “less cash received” line.

Detailed explanation-2: -Definition: A deposit ticket, often called a deposit slip or receipt, is a list of currency and checks provided by the bank as proof a deposit was made. In other words, it’s a receipt that banks give you for depositing funds into your account.

Detailed explanation-3: -List the Cash Amount of Your Deposit. This is the total amount of currency (bills and coins) that you have for the deposit. If you do not have any cash to deposit, leave this line blank.

Detailed explanation-4: -If you make a cash deposit with the teller at your bank, the money will often be available in your account immediately, or the next business day, depending on your bank’s policy. Your teller will be able to let you know.