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What is the "memo" field on a check for?
A) Indicating what person or organization is being paid.
B) Writing notes about the purpose of a transaction.
C) Providing the amount of the payment.
D) Confirming your identity with the bank.

Respuesta :

The memo field on a check for writing notes about the purpose of a transaction. Thus option (B) is correct.

What does Memo means on check?

The memo line is a place where the check issuer can write down any notes  about the check's purpose, invoice or transaction numbers, or other record keeping details.

There is no compulsion on the entry of the information to be written on the space. Therefore the use of the memo section on a check to record notes about a transaction's goals.

Thus option (B) is correct.

Learn more about Memo here:

https://brainly.com/question/15973614

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