Jill Scott is an accountant with Cameron and Associates, a law firm in downtown Seattle.The firm maintains a checking account with Southern Rock Bank for its operating expenses.On the 10 th of every month, Jill gets an inventory report from the office manager listing the office supplies that are needed.Jill places the appropriate orders with Office Depot and writes them a check against the office's checking account.
-In the above banking transaction, Cameron and Associates is the ________.

Question

Quizplus · Accepted Answer

Cameron and Associates is the drawer because they are the ones writing the check against their checking account. The payee is Office Depot since they are receiving the payment from Cameron and Associates. Indorser and holder are not applicable in this scenario.

Jill Scott Is an Accountant with Cameron and Associates, a Law