Accounting Chapter 5 Vocab

A bank card that, when making purchases, automatically deducts the amount of the purchase from the checking account of the cardholder

• Credit Card

• Debit Card

• checking account

• electronic funds transfer

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

• postdated check

• Debit Card

• checking account

• bank statement

A check that a bank refuses to pay

• blank endorsement

• restrictive endorsement

• electronic funds transfer

• dishonored check

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

• debit card

• electronic funds transfer

• petty cash

• checking account

An endorsement restricting further transfer of a check's ownership

• restrictive endorsement

• blank endorsement

• special endorsement

A check with a future date on it

• Petty cash

• debit card

• postdated check

• dishonored check

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

• bank statement

• endorsement

• petty cash slip

• petty cash

A form showing proof of a petty cash payment

• blank endorsement

• petty cash slip

• bank statement

• postdated check

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

• endorsement

• restrictive endorsement

• special endorsement

• blank endorsement

An endorsement consisting only of the endorser's signature

• endorsement

• special endorsement

• restrictive endorsement

• blank endorsement