Question

Paid into bank lakshman's cheque and cash ₹4000

Answer 1

Lakshman deposited the following amount to the bank.

• Money kept at a bank is referred to as a deposit in the world of finance. A deposit is a deal in which money is given to someone else to keep safe. A percentage of money used as security or collateral for the delivery of a good can also be referred to as a deposit.
• A deposit can signify one of two things. An example of a deposit is when money is given to someone else to keep safe. According to this definition, a deposit is cash that an investor deposits into a checking or savings account with a bank or credit union.
• In this case, the deposited funds remain the property of the person or entity that made the deposit, who may withdraw the funds whenever they choose, transfer them to another person's account, or use them to make purchases.
• A minimum deposit, also known as an opening deposit, is frequently required to start a new bank account. A transaction deposit is one that is made when money is deposited into a regular checking account, meaning that there are no delays and the money is immediately available and liquid.

Now, Lakshman paid  ₹4000 via cheque and cash. This means that Lakshman deposited the following amount to the bank.

Learn more here

https://brainly.in/question/1570722

#SPJ1