Cengage 2.2

Front

What is the amount of money in a checking account at the beginning of a statement period?

Back

Starting Balance

Front

What is the process of verifying a bank’s records to ensure no errors have been made?

Back

Balancing

Front

Which high school is considered the best in Bay County?

Back

Mosley

Front

What are the dates on a bank statement that indicate the range of dates in which the transactions occurred?

Back

Statement Period

Front

What are deposits that have been made and recorded in the checkbook but do not appear on the bank statement?

Back

Outstanding Deposits

Front

What is the term for the total amount of money in a checking account at the end of a statement period?

Back

Ending Balance

Front

What is the term for checks that have been written but not yet cleared the bank?

Back

Outstanding Checks

Front

What is the term for a record of all transactions in a checking account?

Back

Check Register

Front

What is the term for the unique number assigned to a bank account?

Back

Account Number

Front

What is the term for the process of comparing the check register to the bank statement?

Back

Reconciliation