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Rice Acctg Ch5 Set 2

Maplewood Rice Acctg Ch 5

QuestionAnswer
bank statement a report of deposits, withdrawals, and 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, currency, or other paper documents
debit card a bank card that automatically deducts the amount of a purchase from the checking account of the cardholder
petty cash cash kept on hand and used for making small payments
petty cash slip a form showing proof of a petty cash payment
Popular Accounting sets

 

 



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