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 stub.
Cheque
A cheque can be used to transfer money. It is a way of giving money to others.
Bought Machinery for 2000 euros by cheque.
Cheque counterfoils are cheques sent by companies to their customer, relating to their return on their investment (dividend). These cheques are always crossed to avoid negotiation. Counterfoil on its own is the document containing the trades of the business, revealing the profit and loss of the company.
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 stub.
Cheque
The stub or counterfoil.
i do not now
Depending on what it is a counterfoil of, it is most likely the stub part of a cheque book, postal order, money order, etc, where the details of the transaction are recorded.
Depending on what it is a counterfoil of, it is most likely the stub part of a cheque book, postal order, money order, etc, where the details of the transaction are recorded.
uses of accounting package
A cheque can be used to transfer money. It is a way of giving money to others.
Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !
Bought Machinery for 2000 euros by cheque.
Purchase is that in accounting that what we are purchasing and purchase is to be done by cash ,by cheque. eg: purchase Bag of rs500, so here bag is debited and cash is credited.
Cheque counterfoils are cheques sent by companies to their customer, relating to their return on their investment (dividend). These cheques are always crossed to avoid negotiation. Counterfoil on its own is the document containing the trades of the business, revealing the profit and loss of the company.