for withdrawing cash from our bank account we require (1) pay in slip (2) voucher (3) cheque (4) passbook
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Answer:
3. Cheque is required for withdrawing cash from our bank account.
Answer:
1. A pay-in-slip is a form that is used to deposit money in a bank. It contains a counterfoil that is returned to the depositor after it is duly stamped and signed by the cashier. This slip acts as a receipt contains the details of the date and amount deposited either through cash or cheque.
2. A voucher is a written document that provides evidence of any business transaction. It is a source document that is used as evidence for recording transactions in the primary books of business, i.e. Journal or other Subsidiary Books. Vouchers are of two types: source voucher and accounting voucher. Accounting Vouchers are further classified as cash and non-cash vouchers.
3. A cheque is a document drawn by a banker in writing and is payable on demand. The name of the person to whom the payment is to be made is legibly written on the cheque, along with the amount to be paid in words as well as numerals.
4..While taking out money from your account using the bank's withdrawal form, it is mandatory to have a bank passbook in most cases. Also, you need to be present while withdrawing cash from your account.