Social Sciences, asked by shalinishalini4994, 10 months ago

what is cheque ? what is the importance of cheque​

Answers

Answered by shadab021
30

Answer:

A Cheque is a document which orders a bank to pay a particular amount of money from a person's account to another individual's or company's account in whose name the cheque has been made or issued. The cheque is utilised to make safe, secure and convenient payments.

Explanation:

Hope that helps

Answered by Sanayasilawat
14

Explanation:

what is cheque

.. A Cheque is a document which orders a bank o pay a particular amount of money from a person's account to another individual's or company's account in whose name the cheque has been made or issued. The cheque is utilised to make safe, secure and convenient payments.

importance of cheque

importance of using cheques - It offers benefits to consumers using cheques to make payments. The main advantages of using cheques as a way of paying for goods and services are the following; Safe: only the named recipient is able to cash the cheque at a bank or other financial institution.....

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