Chapter 2 Terms
Blue's Gold Credit Union
Dishonored Checks
Source Documents
5Reasons for different balance
100
The side of the amount that is increased
What is Normal Balance
100
Share Draft
What is Checking account
100
Called and told the bank not to cash check is called
What is Stop payment
100
A source document with the abbreviation 'T'
What is Calculator Tape
100
A check that hasn't cleared the bank
What is Outstanding Check
200
An amount recorded on the right side
What is Credit
200
The maximum withdrawal that a student can take out
What is $20
200
When what does not match(reason for a dishonored check)
What is the word amount and written amount
200
The document for petty cash, EFT, and bank service charge
What is Memorandum
200
If you caused the problem
What is Personal error
300
An amount recorded on the left side
What is Debit
300
The amount to open a savings account
What is $5
300
When the check is dated a future date
What is Postdated
300
Received cash on account from Charles Newman
What is Receipt
300
Deposited that has been recorded but has not been given to the bank
What is outstanding deposit
400
An accounting device used to analyze transaction
What is T-account
400
Primary Share
What is Savings account
400
No money to cover the check amount
What is NSF
400
Wrote a check for supplies
What is Check
400
The bank causes the problem
What is Bank error
500
A list of accounts used by a business
What is Chart of Accounts
500
BSA stands for
What is Bank Secrecy Act
500
When this isn't the same as what is on record at the bank
What is Signature
500
Sold service on account to Alice Graham
What is Sale Invoice
500
Late-fee, using another bank
What is Service charge