Cancelled cheque means...?

I need to apply for a mutual fund and i'm new in this field... The require a 'self certified copy of canceled cheque' from me... Kindly tell what it means... Who should be the bearer in this case...??? How do i cancel the cheque...??? what should be the amount...??? should i mention 'AC... show more I need to apply for a mutual fund and i'm new in this field...
The require a 'self certified copy of canceled cheque' from me...
Kindly tell what it means...

Who should be the bearer in this case...???
How do i cancel the cheque...???
what should be the amount...???
should i mention 'AC Payee'...???
what about the date, do i have to write date...???

Kindly guide...
Thanks in advance... :)
6 answers