Accounting Ch 5 &6 Vocabulary

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

(b)  

An endorsement consisting a new owner of a check is called a

(a)  

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

(a)  

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

(a)  

d. A check with a future date on it is called a

(a)  

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

(a)  

A check that a bank refuses to pay is called a

(a)  

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

(a)  

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

(a)  

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

(a)