Accounting Chapter #5 Vocabulary

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Petty Cash Slip

A form showing proof of a petty cash payment is called

Restrictive Endorsement

An endorsement restricting further transfer of a check's ownership is called a

Checking Account

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

Debit Card

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

Dishonored Check

A check that a bank refuses to pay is called a

Electronic Funds Transfer

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

Bank Statement

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

Endorsement

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

Code of Conduct

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

Petty Cash

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

Blank Endorsement

An endorsement consisting only of the endorser's signature is called a

Special Endorsement

An endorsement indicating a new owner of a check is called

Postdated Check

a check with a future date on it is called a


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