what is the difference between pay order & D.D.?

Answer Posted / yamini

A PO is generally used for making local payments as it is payable at the place where it is issued.DDs are used when payments have to be made to far places and the payee insists on certainty of the payment.

Is This Answer Correct ?    5 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what about case study

1681


What is revaluation of assets.when it occurs

1634


What are motive behind mergers And acquisitions?

1699


Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.

1434


what is cost accountinp

1739






Two months rent of Rs 25000/- was adjusted in Rental advance account at the time vacating office

1491


Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?

1599


What does my credit score mean?

1491


Expand CCIT?

2005


How do we return the loan in equal installments with interest in tally

1661


difference between vat 47 & vat 49

2703


What is back value adjustment/correction in Nostro Reconciliations?

7178


distinguish between Bill of Exchange and Promissory Note

1767


EXPAND_________SEC

1781


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2037