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College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570

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BuyFindarrow_forward

College Accounting (Book Only): A ...

13th Edition
Scott + 1 other
ISBN: 9781337280570
Textbook Problem

Why does a bank keep a signature card on file for customers’ accounts?

To determine

Explain the purpose of signature card being kept on file for customers’ account.

Explanation

Signature card: This is a document which contains the bank account number of the customer and the official signatures of the persons authorized to sign the checks.

Purpose: Signature card is...

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