BUSINESS ADMINISTRATION
FINANCIAL ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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signature card
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deposit slip
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check
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none of these
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Detailed explanation-1: -A bank customer prepares a deposit slip whenever cash or checks are put into the checking account. Deposit slips vary from bank to bank. Checks may be listed on the deposit slip according to the bank number on each check or by the name on the check. The bank gives the depositor a receipt.
Detailed explanation-2: -Solution. When the account holder deposits cheque or cash into his bank account, a slip is filled by him, which is known as Pay-In-Slip also called Deposit Slip.
Detailed explanation-3: -What Is a Deposit Slip? A deposit slip is a small paper form that a bank customer includes when depositing funds into a bank account. A deposit slip, by definition, contains the date, the name of the depositor, the depositor’s account number, and the amounts being deposited.
Detailed explanation-4: -If you have checks to deposit, simply list the amount of each individual check on the lines underneath the “Cash” line. If you run out of room on the front of your deposit slip, there are usually additional lines on the back.