Debit/Credit
Money withdrawn directly from a checking or savings account?
Debit card
YTD stand for.......
Year To Date
Wages withheld from an employee's total earnings for the purpose of paying taxes, garnishments and benefits, like health insurance.
What are deductions?
Written order to bank to make a payment to the person named.
What would be a check.
When writing a check you should use a ?
Blue or black pen
Each purchase is a loan that is repaid later.
Credit card
The amount of money you make in one hour?
Hourly wage
Includes money made from employment including wages, salaries, bonuses, commissions, tips, and net earnings.
Earned Income
Checks that are to old to be cashed.
What would be a stale check.
Pay to the order means
Who you are paying the check to
Hefty fees may be charged if you spend more than what is on the card
Debit card
Length of time over which employee time is recorded.
Pay period
Money that is taken out of your pay.
Deductions
Buy now, pay later
What is a credit card
The memo line is for?
A reminder for who the check was for
Convenient to use
Debit and credit card
The total amount you earn for working before deductions.
Gross pay
Money that is Not from working; such as birthday or allowance.
Earned income
When purchasing groceries, I use this instead of cash.
What is a debit card
When writing the amount of a check it should be written in?
Words and fractions
If a card is lost or stolen, report it immediately.
Debit and credit card
The money you take home after deductions.
Net Pay
Money taken out from your paycheck for retirement or other benefits.
401 k
Tells the bank to not process a check that has been written.
Stop payment order
What needs to be on the check in order for the bank to cash it.
Your signature