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Accounting
Chp 5 Vocabulary
| Question | Answer |
|---|---|
| a statement that guides the ethical behavior of a company and its employees | code of conduct |
| a bank account from which payments can be ordered by a depositor | Checking Account |
| a signature or stamp on the back of a check transferring ownership | endorsement |
| an endorsement consisting only of the endorser's signature | Blank Endorsement |
| (endorsement in full)an endorsement indicating a new owner of a check | Special Endorsement |
| an endorsement restricting further transfer of a check's ownership | Restrictive Endorsement |
| a check with a future date on it | Postdated check |
| a report of deposits, withdrawals, and back balances sent to a depositor by a bank | Bank Statement |
| a check that a bank refuses to pay | Dishonored check |
| a computerized cash payment system that transfers funds w/o the use of checks, currency, or other paper documents | Electronic Funds Transfer |
| a bank card that automatically deducts the amount of a purchase from the checking accounts of the cardholder | Debit Card |
| an amount of cash kept on hand and used or making small payments | Petty Cash |
| a form showing proof of a petty cash payment | Petty Cash Slip |
Created by:
cpreston
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