Economy, asked by prathyusha8132, 1 year ago

Name the source document used for depositing money in the bank

Answers

Answered by Rossily
1

The original copy is prepared for giving it to the party who makes the payment and another copy is kept for record. The details about the business transaction on account of which the cash is received viz date, amount and name of the party and the nature of payment etc are given in this source document.

Answered by vkalra5546
1

the source document used for depositing money in the bank is collateral . it contains information about the property which the borrower gives to the bank  as a guarantee

 

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