Asked by Jackie Balarezo on Jun 30, 2024

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The three parties involved with a check are:

A) The writer,the cashier,and the bank.
B) The maker,the payee,and the bank.
C) The maker,the manager,and the payee.
D) The bookkeeper,the payee,and the bank.
E) The signer,the cashier,and the company.

Maker

In a financial context, the maker is the party that creates or issues a financial instrument, such as a check or promissory note.

Cashier

An employee who handles customer transactions and the management of money in a retail environment, often responsible for processing cash, credit, and other forms of payment.

Bookkeeper

An individual responsible for recording and maintaining a company's financial transactions, such as purchases, sales, receipts, and payments.

  • Set apart cash from cash equivalents, and define the qualifications for each type.
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Vanessa LaheeJul 01, 2024
Final Answer :
B
Explanation :
The three parties involved with a check are the maker (writer), the payee (recipient), and the bank. The maker writes the check to the payee, who deposits or cashes the check at their own bank, which then transfers the funds from the maker's bank account to the payee's account.