Explain Marked Cheques.
6 Replies
shailesh agarwal
(professional accountant)
(7642 Points)
Replied 03 December 2008
WHY WHAT'S THE PROBLEM
CA Trinath Galla
(student)
(3130 Points)
Replied 04 December 2008
do u mean by crossed cheques r wat?
BHAGYESH RAVANGE
(C.A Job)
(1528 Points)
Replied 04 December 2008
A marked cheque is cheque that the bank on which it is drawn has marked 'good for payment.
^^^ AJIT ^^^
(SERVICE & CS [CONTD.])
(1454 Points)
Replied 04 December 2008
Do you mean crossed cheque? If so, amount of a crossed cheque is not paid in cash over the counter, rather it is credited to the payee's account only. It will prevent fraudulant encashment in case it falls into a wrong hand.
b.s.gokul
(final student)
(545 Points)
Replied 06 December 2008
if you hav banking ,law ,theory and practice written by prof. santhanam pls refer to that.. it has been given..
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