what is the difference between cheque and draft

Answer Posted / kiran

difference between theses two items is dart is the
liability to the bank so this is issued by bank only.
cheque will issued by account hloder only .

Is This Answer Correct ?    32 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i read in andhra bank recruitmentin that i saw english languages marks are eligible what is that eligible mark

1785


When should a company sack its auditor?

1734


What do you find the most challenging in Accpuntant role

1967


Explain the difference between internal audit and external audit?

716


central excise all question

2139






Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

1746


HOW TO DO LEDGER SCRUTINY?

2451


for how much loan a borrower has to submit QIS

1328


Audit strategy based

2035


What to do after the audit?

613


Whats are the importance of evaluating an internal audit department?

685


What are intangible assets?

636


while calculating drawing power for the purpose of cc limit ,while deducting creditors from stock whether to consider debit balance of creditors ,in total of creditors' credit balance ?

1390


What are the reasons for getting audited?

618


Define decommission liability?

750