define passbook and write it's uses
Answers
Answer:
Explanation:
a book with a record of deposits and withdrawals and interest held by depositors at certain banks.
Its main function is to act as a unquestionable record of banking transactions between the customer and the banker. If you notice any change in the entries made in your pass book, you will have to bring it to the attention of the concerned person then and there
Answer:
define
a small book containing a record of the money you put into and take out of your savings account at a bank or post office
uses
Traditionally, a passbook is used for accounts with a low transaction volume, such as a savings account. A bank teller or postmaster would write, by hand, the date and amount of the transaction, the updated balance, and enter his or her initials.