CH5: Identifying Accounting Terms

Front

A report of deposits, withdrawals, and bank balances sent to a depositor by a bank.

Back

Bank statement

Front

An endorsement consisting only of the endorser's signature.

Back

Blank endorsement

Front

A bank account from which payments can be ordered by a depositor.

Back

Checking account

Front

A statement that guides the ethical behavior of a company and its employees.

Back

Code of conduct

Front

A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder.

Back

Debit card

Front

A check that a bank refuses to pay.

Back

Dishonored check

Front

A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents.

Back

Electric funds transfer

Front

A signature or stamp on the back of a check, transferring ownership.

Back

Endorsement

Front

An amount of cash kept on hand and used for making small payments.

Back

Petty cash

Front

A form showing proof of a petty cash payment.

Back

Petty cash slip