Accounting Ch.5 Word Scramble
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Term | Definition |
Code of Conduct | A statement that guides the ethical behavior of a company and its employees |
Checking Account | A bank account from which payments can be ordered by a depositor |
Endorsement | A signature or stamp on the back of a check transferring ownership |
Blank Endorsement | An endorsement consisting of only the endorser's signature |
Special Endorsement | Indicates a new owner of a check |
Restrictive Endorsment | Restricts further transfer of a check's ownership |
Postdated Check | A check with a further date |
Bank Statement | A report of deposits, withdrawals, and a bank balances sent to a depositor by a bank |
Dishonored Check | A check that a bank refuses to pay |
Electronic Funds Transfer | A computerized cash payments system that transfers funds without the use of checks |
Debit Card | A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder |
Petty Cash | An amount of cash kept on hand and used for making small payments |
Petty Cash Slip | A form showing proof of a petty cash payment |
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