PUHSD ACC 1-2 Term 3 Vocab

Front

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

Back

checking account

Front

Amount of cash for small payments:

Back

petty cash

Front

A bank card that deducts purchase amounts from the cardholder's checking account.

Back

debit card

Front

A check that a bank refuses to pay:

Back

dishonored check

Front

Report of deposits, withdrawals, and balances sent by a bank.

Back

bank statement

Front

Signature or stamp on back of a check transferring ownership:

Back

Endorsement

Front

Bank form listing checks, currency, and coins added to an account:

Back

deposit slip

Front

Account in a general ledger summarizing subsidiary accounts:

Back

Controlling account

Front

A ledger summarized in a single general ledger account:

Back

subsidiary ledger

Front

Goods a business buys to sell

Back

merchandise