what is the difference between pay order and demand draft?

Answer Posted / vishnu gopal kharche

PAY ORDER GET AFTER DEPOSIT THE AMOUNT & DEMAND DRAFT ALSO
GET AFTER DEPOSIT AMOUNT BUT PAY ORDER SHOULD TAKE THIS
LOCATION TO THAT LOCATION BETWEEN CITY & DEMAND DRAFT
SHOULD TAKE OUT OF STATION TRANSACTION.

Is This Answer Correct ?    0 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

2706


What are the functions of manger -accounts and manager-finance?

620


Debit Card Come Under Which group in Tally 9?

1470


Explain financial accounting. What are its characteristic features?

663


What are the advantages & disadvantages of double entry system?

634






You are a B.E Student? How can u manage Banking?

1386


Tell me do you think accounting standards are mandatory and why?

608


what is miscellaneous expenditure??

4955


A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

1749


What is the double entry system explain its rules with examples?

627


Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

2882


How to prepare HSD statements in tally

1785


Explain what makes a successful account manager?

623


What are the objects of cost accountancy?

677


How can you explain the basic accounting equation?

665