Cancelled check
A cancelled check is a check that has been paid or cleared by the bank it was drawn on after it has been deposited or cashed. The check is "cancelled" after it's been used or paid so that the check cannot be used again (Investopedia).
A cancelled check is a check payment for which the stated amount of cash has been removed from the payer's checking account. Once the cash draw down is completed, the bank stamps the check as cancelled. Once a check is cancelled it can no longer be used as an authorization to remove additional funds from the account of the payer. A cancelled check has passed through the entire set of payment activities, which include the following:
1. Received by the payee;
2. Endorsed by the payee;
3. Deposited with the payee's bank;
4. Paid by the drawee bank to the payee bank;
5. Cash is paid into the payee's account by the payee bank (AccountingTools).
A cancelled check is a check that has been paid by the bank. After the money is deducted from your checking account, the bank will “cancel” the check, so it can no longer be used (My Accounting Course).
Canceled Check Definition and How to Get a Copy. Investopedia, Retrieved from: https://www.investopedia.com/terms/c/canceled-check.asp#:~:text=A%20canceled%20check%20is%20one,used%20as%20proof%20of%20payment.
Cancelled check definition. AccountingTools, Retrieved from: https://www.accountingtools.com/articles/cancelled-check.
What are Cancelled Checks?. My Accounting Course, Retrieved from: https://www.myaccountingcourse.com/accounting-dictionary/cancelled-checks.