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Bank reconciliation statement
What is the difference between Cheques paid into bank and Cheques deposited into bank
Answers (5)
Suraj Lakhotia Admin
Both mean the same.
Assume I have a loan of 1 lakh to bank and I paid it through a cheque In other case I have 1 lakh with me which I have deposited in my account Is it not the difference
Suraj Lakhotia Admin
First case is cheque issued.
But that is something when we pay to other person using a cheque
Prasanth kumar Kamisetty
But that is something when we pay to other person using a cheque
You do not pay in to the bank.
