Accounting - Ch. 5 Review

A check that has been paid by the bank.

• canceled check
• dishonored check
• non-sufficient funds check
• postdated check

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

• petty cash
• credit card
• debit card
• none of the above

A petty cash on hand amount that is more than a recorded amount.

• cash over
• cash short
• cash above
• cash below

An endorsement restricting further transfer of a check’s ownership.

• blank
• restrictive
• special

An endorsement consisting only of the endorser’s signature.

• restrictive
• special
• blank

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

• checking account
• quick cash
• petty cash
• pitty cash

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

• deposit slip
• income statement
• balance sheet
• bank statement

A signature or stamp on the back of a check, transferring ownership.

• endorsement
• special endorsement
• blank endorsement
• restrictive endorsement

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

• endorsement
• EFT
• checking account
• debit card transaction

A check that a bank refused to pay.

• voided check
• canceled check
• dishonored check