Chapter 5 - Accounting 1

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

• restrictive endorsement
• special endorsement
• blank endorsement
• cryptic endorsement

An endorsement consisting only of the endorser's signature. 

• restrictive endorsement
• special endorsement
• blank endorsement
• cryptic endorsement

A check that a bank refuses to pay.

• dishonored check
• electronic funds transfer
• endorsed check
• none of these

An endorsement indicating a new owner of a check.

• restrictive endorsement
• special endorsement
• blank endorsement
• cryptic endorsement

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

• checking account
• petty cash
• restrictive endorsement
• none of these

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

• bank statement
• debit card
• electronic funds transfer
• postdated check

A form showing proof of a petty cash payment.

• petty cash slip
• dishonored check
• postdated check
• all of these

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

• endorsement
• code of conduct
• bank statement
• debit card

Ownership of a check cannot be transferred.

• True
• False

Voided checks should be recorded in the journal.

• True
• False