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A check involves three parties. The person directed to receive the money is called the (Points : 3) drawer. drawee. payee. endorser.
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Asked 6/10/2013 4:59:22 PM
Updated 11/19/2014 10:17:45 AM
1 Answer/Comment
Flagged by emdjay23 [11/19/2014 10:17:45 AM]
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User: A check involves three parties. The person directed to receive the money is called the (Points : 3) drawer. drawee. payee. endorser.





Question
Asked 6/10/2013 4:59:22 PM
Updated 11/19/2014 10:17:45 AM
1 Answer/Comment
Flagged by emdjay23 [11/19/2014 10:17:45 AM]
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8
A check involves three parties. The person directed to receive the money is called the Payee.

Added 11/19/2014 10:17:40 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [11/19/2014 10:24:01 AM]
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Questions asked by the same visitor
A check involves three parties. The person directed to receive the money is called the (Points : 3) drawer. drawee. payee. endorser. User: Whenever the bank mails a credit memo to the depositor indicating the amount of interest credited to the account, the transaction that would be entered in the accounting records of the depositor would include (Points : 3) debiting Interest Earned and crediting Cash. debiting Interest Expense and ...
Question
Updated 12/15/2014 6:23:20 PM
2 Answers/Comments
A check involves three parties. The person directed to receive the money is called the Payee.

Added 12/13/2014 1:34:41 PM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [12/13/2014 1:39:02 PM]
Whenever the bank mails a credit memo to the depositor indicating the amount of interest credited to the account, the transaction that would be entered in the accounting records of the depositor would include :debiting cash and crediting interest revenue.

Added 12/15/2014 6:23:20 PM
This answer has been confirmed as correct and helpful.
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