An endorsement restricting further transfer of a check's ownership:

Accounting Chapter 5

Flashcard
•
Business
•
11th - 12th Grade
•
Easy
Susan Barnhart
Used 1+ times
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32 questions
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1.
FLASHCARD QUESTION
Front
Back
Restrictive endorsement
2.
FLASHCARD QUESTION
Front
A bank account from which payments can be ordered by a depositor:
Back
Checking account
3.
FLASHCARD QUESTION
Front
A check that a bank refuses to pay:
Back
Dishonered check
4.
FLASHCARD QUESTION
Front
An amount of cash kept on hand and used for making small payments:
Back
Petty cash
5.
FLASHCARD QUESTION
Front
An endorsement consisting only of the endorser's signature.
Back
Blank endorsement
6.
FLASHCARD QUESTION
Front
A report of deposits, withdrawals, and bank balances sent to a depositor by a bank.
Back
Bank statement
7.
FLASHCARD QUESTION
Front
A bank card that, when making purchases, automatically deducts the amount of the purchase from the checking account of the cardholder.
Back
Debit card
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