Vocab
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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| Federal Deposit Insurance Corporation (FDIC) | Protects depositors money in case of the failure of a bank or financial institution, up to $250,000.
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| Electric funds transfer (EFT) | A system through which funds are moved electronically from one account to another from one bank to another.
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| Service Charge | A fee a bank charges for handling a checking account.
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| Deposit Slip | A bank form used to put money into your account. You list all items you are depositing (currency, coins, checks)
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| Endorse | To sign your name on the back of a check payable to you.
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| Check Register | Separate form for recording deposits and withdrawals in your checking account.
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| Overdrawing | Writing a check for more than you have in your account.
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| Withdrawal | Taking money out of your bank account.
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| Deposit | Putting money into your bank account.
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| Bank Statement | Every month the bank will send you a report listing checks paid, deposits made and service charges.
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| Outstanding Checks | Checks you have written and subtracted from your check register, but have not been cashed yet or deducted from the bank statement balance.
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| Reconcile | To make the bank statement balance match your checkbook balance.
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| Cancelled Checks | Checks that have been cashed and the bank has paid.
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Knuddar
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