Difference between revisions of "Payee"
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| − | [[Payee]] is the person or organization to whom the check is payable. | + | [[Payee]] is the person or organization to whom the check or the note is payable. |
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According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | According to [[College Accounting: A Practical Approach by Slater (13th edition)]], | ||
:[[Payee]]. The person or organization to whom the check is payable. | :[[Payee]]. The person or organization to whom the check is payable. | ||
| + | :[[Payee]]. One to whom a note is payable. | ||
==Related concepts== | ==Related concepts== | ||
Revision as of 09:49, 20 December 2018
Payee is the person or organization to whom the check or the note is payable.
Definitions
According to College Accounting: A Practical Approach by Slater (13th edition),
- Payee. The person or organization to whom the check is payable.
- Payee. One to whom a note is payable.
Related concepts
- Accounting (alternatively known as accountancy) is management of financial data, information, and knowledge about financial transactions of legal entities. Accountancy tends to include bookkeeping and, depending on a particilar enterprise, may also include quatitative analysis of financial data in the bookkeeping system and/or business intelligence.
