Accounting Chap 5 Word Scramble
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Term | Definition |
Deposit Slip | A bank form which lists the checks, currency, and coins an account holder is adding to the bank account. |
Endorsement | A signature or stamp on the back of a check transferring ownership. |
Voided check | A check that cannot be processed because the maker has made it invalid. |
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. |
Non-Sufficient Funds Check | A check dishonored by the bank because of insufficient funds in the account of the maker of the check. |
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 | An amount of cash kept on hand and used for making small payments. |
Petty Cash Slip | A form showing proof of a petty cash payment. |
Cash Short | A petty cash on hand amount that is less than the recorded amount. |
Cash Over | A petty cash on hand amount that is more than the recorded amount. |
Created by:
Knuddar
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