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Q: What is cheque counterfoil uses in accounting?
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What is the cheque counterfoil?

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.


What is the source document for the cash payments journal?

Cheque


What is the name of remaining part of the cheque?

The stub or counterfoil.


In terms of accounting what is a Paying in slip counterfoil?

i do not now


What is a counterfoil?

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.


What is counterfoil?

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.


What are the Uses of Accounting Package in Tally?

uses of accounting package


What are the uses of cheque?

A cheque can be used to transfer money. It is a way of giving money to others.


In accounting what is balancing the accounts?

Its Rs 1000/- for a savings account with cheque book....Rs 500/- for savings account without a cheque book !


Example of double entry of accounting?

Bought Machinery for 2000 euros by cheque.


What is purchase in accounting?

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.


What is a check counter foil?

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.