Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
jk Acct I Unit 3
AR Accounting I Unit 3
| Question | Answer |
|---|---|
| Automated teller machine (ATM) | electronic machine from which cash deposits and withdrawals can be made |
| Bank reconciliation | bringing into agreement a bank statement with a party's cash account records |
| Bank statement | a report of deposits, withdrawals, and bank balances sent to a depositor by a bank |
| Blank endorsement | an endorsement that consists only of the endorser's signature on the back of a check |
| Checking account | a bank account from which payments can be ordered by a depositor |
| Debit card | a bank card that automatically deducts the amount of the purchase from the checking account of the cardholder |
| Deposit slip | a form prepared for the placement of cash (coins, bills, checks) into a checking account |
| Dishonored check | a check that a bank refuses to pay |
| Electronic funds transfer (EFT) | the use of a computer and telecommunications network to transfer funds from one party to another |
| Petty cash | a system established by a business that keeps a small amount of cash on hand for making small payments |
| Restrictive endorsement | an endorsement found on the back of a check restricting further transfer of a check's ownership |
| Special endorsement | an endorsement indicating a new owner of a check; also known as an endorsement in full |
Created by:
janiek
Popular Accounting sets