Question

Fill in the blanks with appropriate word’s:
i. Counterfoil of the pay-in-slip is returned to the
________________ by the bank.
ii. The right-hand part of the pay-in-slip is called the ________.
iii. A cheque needs to be attached to the ________ of the pay-inslip before depositing.
iv. Before payment of a cheque, the signature of the account-holder
is verified with the ___________ .

Answer 1

Answer:

Fill in the blanks with appropriate word’s:

i. Counterfoil of the pay-in-slip is returned to the depositor by the bank.

ii. The right-hand part of the pay-in-slip is called the foil.

iii. A cheque needs to be attached to the foil of the pay-inslip before depositing.

iv. Before payment of a cheque, the signature of the account-holder

is verified with the  specimen signature.