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Basic Accounting Project: Banking Slips

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0% found this document useful (0 votes)
23 views4 pages

Basic Accounting Project: Banking Slips

Uploaded by

favvsnn3sq
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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PCTE Group of Institutes,

Ludhiana
BBA 1st SEMESTER
BASIC ACCOUNTING
PROJECT

NAME: Jai Singh Kapoor


[Link]: 2024BBA2440
OFFICIAL E-MAIL ADDRESS: singhjaikapoor@[Link]

DEPOSIT SLIP
Deposit Slip is a form that the bank gives to the customer who is depositing money
into his account. It contains all the details, such as the depositor's name, account
number, date of deposit, and break up of funds (cash, coins, or checks).

WITHDRAWAL SLIP
A Withdrawal Slip is one of the slips that the banks provide to the clients for
their ability to take money from their accounts. Such slips usually feature the
client's name, account number, date, and the amount being withdrawn. The
account holder will sign the slip and allow the bank to release the funds
mentioned.

CANCELLED CHEQUE
A Cheque cancelled is a Cheque, which has been so marked with
"CANCELLED" and can't be used anyplace to make payments. However it is
usually presented for proof of essential bank information, including the account
number, name of the account holder, and the IFSC code of the bank.

SELF-CHEQUE
A Self Cheque is one that is prepared by the account holder, who has written the
word "Self" in the payee field. This is used when the account holder wants to
withdraw cash from his account. He can receive cash directly by presenting the
self-cheque to the bank. This type of cheque is widely applied for cash
withdrawal for personal purposes.
CROSS CHEQUE
A Cross Cheque is the cheque with two parallel lines drawn either across it on
its top left or across the entire width. This crossing means that the cheque can
only be placed directly into a bank account and cannot be cashed directly at the
bank.

INTERNET BANKING
TRANSACTION
An Internet Banking Transaction is a financial action conducted on a bank's
online platform. This can comprise transferring funds, paying bills, checking
balances, or managing accounts from a computer or mobile device.
Convenience and accessibility benefit the user in handling his needs anywhere,
anytime.

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