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Paycheck. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered. In recent times, the physical paycheck has been increasingly replaced by electronic direct deposits to the employee's designated bank account or loaded onto a payroll ...
In accounting, a check register or checkbook register is a document, usually part of the general ledger, used to record financial transactions in cash. [ 1 ] References
A cheque (or check in North American English; see spelling differences) is a document that orders a bank, building society (or credit union) to pay a specific amount of money from a person's account to the person in whose name the cheque has been issued. The person writing the cheque, known as the drawer, has a transaction banking account ...
This process, sometimes known as third-party endorsing a check, allows you, the initial payee, to make a check payable to another person. You’ll first need to flip the check over to the reverse ...
Here are steps you can take to correct a mistake you've made while writing a check: Step 1: Cross out the mistake by drawing one neat line through the middle of the mistake. Step 2: Write the ...
Certified check. A certified check (or certified cheque) is a form of check for which the bank verifies that sufficient funds exist in the account to cover the check, and so certifies, at the time the check is written. Those funds are then set aside in the bank's internal account until the check is cashed or returned by the payee.
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