July 2018

Cambrige Notes: The clearing of cheques

By |2022-09-15T12:30:51+02:00July 25th, 2018|Cambridge O Level/ IGSCE Accounts Notes, Notes, Ordinary Level Notes|

ZIMSEC O Level Commerce Notes: Money and Banking: The clearing of Cheques.

  • There are three ways and circumstances in which a cheque may be cleared.

If the payee and drawer use the same bank and branch

  1. The payee deposits the cheque into his/her account.
  2. The payee is credited and,
  3. The drawer is debited.

If the payee and drawer use the same […]


Quick NetOne, Econet, And Telecel Airtime Recharge

Comments Off on Cambrige Notes: The clearing of cheques

July 2015

The clearing of cheques

By |2022-09-15T12:43:33+02:00July 4th, 2015|Notes, O Level Commerce Notes, Ordinary Level Notes, Principles of Accounts Notes|

Image credit dailymail.co.uk

Image credit dailymail.co.uk ZIMSEC O Level Commerce Notes: Money and Banking: The clearing of Cheques.
  • There are three ways and circumstances in which a cheque may be cleared.

If the payee and drawer use the same bank and branch

  1. The payee deposits the cheque into his/her account.
  2. The payee is credited […]

    Quick NetOne, Econet, And Telecel Airtime Recharge

Comments Off on The clearing of cheques
Go to Top