Studied by 0 peopleChecking Account
A bank account from which payments can be ordered by a depositor
Deposit Slip
A bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
Endorsement
A signature or stamp on the back of a check transferring ownership.
Blank Endorsement
An endorsement consisting only of the endorser’s signature
Special Endorsement
An endorsement indicating a new owner of a check
Restrictive Endorsement
An endorsement restricting further transfer of a check’s ownership
Postdated Check
A check with a future date on it
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
Canceled Check
A check which has been paid by the bank
Dishonored CHeck
A check that a bank refuses to pay
Non-Sufficient Funds
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.
Blank Endorsement Example
Student’s Signature
Special Endorsement Example
Pay to the order of
Business/Person
Student’s Signature
Restrictive Endorsement Example
For deposit only to
the account of
business/person
student’t signature
Note
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