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accounting 5
| Question | Answer |
|---|---|
| A bank account from which payments can be ordered by a depositor. | checking account |
| A bank form which lists the checks, currency, and coins an account holder is adding to the bank account. | deposit slip |
| A signature or stamp on the back of a check, transferring ownership | endorsement |
| An endorsement consisting only of the endorser's signature | blank endorsement |
| 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 check that cannot be processed because the maker has made it invalid | voided check |
| A report of deposits, withdrawals, and bank balances sent to a depositor by a bank. | bank statement |
| A check which has been paid by the bank. | canceled check |
| A check that a bank refuses to pay | dishonored check |
| A check dishonored by the bank because of insufficient funds in the account of the maker of the check. | NSF check |
| A computerized cash payments system that transfers funds without 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 account of the cardholder | debit card |
| An amount of cash kept on hand and used for making small payments. | petty cash |
| A form showing proof of a petty cash payment. | petty cash slip |
| A petty cash on hand amount that is less than a recorded amount | cash short |
| A petty cash on hand amount that is more than a recorded amount | cash over |
Created by:
user-1945238