When a drawee bank certifies a check, it charges the drawer's account with the amount of the check and transfers those funds to its own certified check account. within a business day immediately within 48 hours whenever the drawer requests
When a drawee bank certifies a check, it charges the drawer's account with the amount of the check and transfers those funds to its own certified check account. within a business day immediately within 48 hours whenever the drawer requests
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 2.10C
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![When a drawee bank certifies a check, it charges the drawer's account. with the amount of the check
and transfers those funds to its own certified check account. within a business day immediately within 48
hours whenever the drawer requests](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe3a2c62e-2563-433d-9c00-60342131942d%2Fba5dd17e-4471-4cdd-bd4a-aeea983158b4%2Fiml4kty_processed.jpeg&w=3840&q=75)
Transcribed Image Text:When a drawee bank certifies a check, it charges the drawer's account. with the amount of the check
and transfers those funds to its own certified check account. within a business day immediately within 48
hours whenever the drawer requests
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