Checking Accounts
A type of bank account that allows you to easily deposit and withdraw money for daily transactions.
Checking Account
An amount of cash kept on hand and used for making small payments
Petty Cash
A bank card that automatically deducts the amount of a purchase from the checking account of the cardholder.
Debit Card
a report of deposits, withdrawals, and bank balances sent to a depositor by a bank
Bank Statement
KBNA
Bank
The act of saying that you approve of or support something or someone.
Endorsement
A form showing proof of a petty cash payment
Petty Cash Slip
What town is the Eagles?
a) Stoughton
b) Sharon
c) Oliver Ames
d) Canton
Sharon
Which town has Mr. Wood not taught in?
a) Brockton
b) Franklin
c) Arlington
d) Acton-Boxboro
Acton-Boxboro
EDDRBAICT
Debit Card
When someone pays you with a check, typically you have to sign the back of it before you can deposit it in your account.
Bank Endorsement
What is the title of person in charge of petty cash?
Petty cashier
What day does the school typically sell nachos?
Wednesday
Fraudulent reporting by management could include:
a.Fictitious revenues from a phantom customer.
b. Improper asset valuation.
c. Mismatching revenues and expenses.
d. All of the above.
All of the above
ENEMEORTDNS
Endorsement
Sending the money associated with the check directly from the payee to someone else.
Special Endorsement
The vouchers are recorded in what document?
Petty cash book
A check that the bank refuses to pay
Dishonored Check
Do we update journal entries for the bank statement or cash record?
Cash record
TTHEYAPSC
Petty Cash
A conditional guaranty of a transfer of a negotiable instrument.
Restrictive Endorsement
Where is the petty cash 'tin' kept?
In the safe
A computerized cash payments system that transfers funds without the use of checks, currency, or other paper documents.
Electronic Funds Transfer
During which war did Captain America get his superhuman abilities?
A. Civil War
B. World War I
C. Worlds War II
D. The Cold War
World War II
Electronic Funds Transfer