Bank Checks

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We have explained in previous lesson two types of trading securities that are traded between individuals, the bill and promissory note, there is another kind of commercial paper which frequently between individuals, traders and travellers checks.

Checks the
check is a written instrument containing an order issued by the drawer (the owner of the bank account) addressed to the World Bank, to pay a sum of money to another person called the beneficiary, checks, that the checks issued from the property to others for their purchases or payment credited, or checks from others to established for self-employed sales to اوتسديدا.

The accounting treatment of the checks issued
checks issued checks are given by the treaty to others for their purchases or payment credited, after the check recipient (recipient) regardless the value of the check from the bank, when the facility issuing the check and handed over to the beneficiary registration is the following:

under the purchase of goods by check drawn on a
secured creditor of the debtor's bank statement
from h/procurement xxx
xxx to h/World Bank
buy goods by check drawn on the bank
checks issued
checks issued by futures, established to others for their purchases or payment for self-employment and the exchange rate at a later date due, in this case, opening an account on behalf of the futures broker account be a creditor checks the value of your check:

Proof of purchase of goods by check to the
debtor and the secured creditor statement
xxx from h/procurement
xxx to h/futures checks
buy goods under a check for
Upon the arrival of the notice from the World Bank benefit regardless the value of the beneficiary of the Check in date and deducting the value of the current account of the debtor, the

debtor and the creditor restriction follows: Statement
xxx from h/futures checks
xxx to h/World Bank
cash the check from the current account of the
checks issued ballots (77.53)
may refuse the bank exchange rate of the value of the check to the beneficiary for the lack of balance in the current account of the treaty or the different signature or for any reason, then the beneficiary returns the check to the treaty, the established record in reverse order as follows: the

debtor and the secured creditor statement
xxx from h/World Bank or checks futures
xxx to h/creditors
shek issued discards the insufficient balance
accounting treatment of checks received
incoming checks are checks that get established from others in return for their sales or payment for the self-employed, to established After that, regardless of the check from the bank to deposit the value of either the fund or current account with the bank as follows:

debtor and creditor statement
xxx from h/World Bank fund or
xxx to h/Sales
Sale of Goods by check drawn on the bank
Checks under collection
and checks obtained by established from others in return for their sales or payment for the self-employed, and the RECEIVABLE at a later date, when this is established by opening an account on behalf of the Mediator Checks under collection is as follows: the

debtor and the creditor debtor statement
xxx from h/Checks under collection
xxx to h/sales
sale of goods under the checks payable in the history of ...
And


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