Cash and Banking Transactions

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Lesson Info

  • Notes 6
  • Videos 13
  • Exercises 31
  • Practice Test 40
  • Skill Level Medium

Overview

Notes

Cheque

Cheque is a written order issued by the depositor to a particular bank. Order cheque, bearer cheque and crossed cheque are the types of cheque. This note has information about cheque and it's types. Learn More

Rules for Drawing a Cheque

The considerations such as mentioning the date, name of the payee, signature, endorsement, etc. are to be followed in order to issue the cheque properly. This note has information about the rules to be considered while issuing cheque. Learn More

Pass Book and Cash Book

A cash book is a primary record of all the receipts and payments made in cash and through bank. It has the features of primary book and principle book. This note has information about cash book and its various types. Learn More

Petty Cash Fund

The petty cash fund is an amount, which is maintained by government office for making payments of small expenditures like refreshment, newspapers, postal stamp, taxi fare etc. This note has information about petty cash fund and various systems used in it. Learn More

Petty Cash Book

All petty expenses are paid through petty cash fund and their records are made in a separate book, which is known as petty cash book. Hence, the petty cash book is one in which all small items of expenses are recorded in a systematic manner made through petty cash fund. This note has information about petty cash book and its types. Learn More

Cash and Banking Transactions

A cash transaction refers to any business transaction, which involves immediate payment or receipt of cash. When a transaction is made through the bank, then it is called a ‘banking transaction’. This note has information about cash and banking transactions. Learn More

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