Home » Classroom » SS2 Commerce Types of cheque Question

What does an Account Payee crossing on a cheque... - SS2 Commerce Types of cheque Question

What does an "Account Payee" crossing on a cheque indicate?

 

A

The cheque can be encashed over the counter.

 

B

The cheque is payable to the bearer.

 

C

The cheque should be deposited into a bank account.

 

correct option: c

The cheque should be deposited into a bank account.

 

Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses