A check that you have written has cleared the bank when:
A)funds have been withdrawn from your bank account to cover the check.
B)the bank notifies you that you have insufficient funds to cover the check (NSF).
C)the supplier to whom you gave the check records the payment received.
D)the supplier to whom you gave the check deposits it in his bank account.

Question

Quizplus · Accepted Answer

After a check is written,the payee (to whom the check is written)usually presents the check to a financial institution for deposit or cash.That financial institution contacts the check writer's bank,which in turn withdraws the amount of the check from the check writer's account and reports it as a deduction on the bank statement.The check is then said to have cleared the bank.

A Check That You Have Written Has Cleared the Bank