Accountancy, asked by Yogeshkumar2187, 1 year ago

Crossed cheque is performed to a bearer cheque, why?

Answers

Answered by Anonymous
0

Explanation:

Simply put, the bearer cheque is paid out to the bearer whose name is written on the cheque & such a cheque can be used to withdraw in cash without putting it through your bank account. ... This is done so that there is trail of payment made by the payer to the receiver.

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