Accounting Chapter 5 - Cash Control Systems

Using this type of card automatically deducts the cost of purchase from the checking account

• debit card

• credit card

• atm card

• eft card

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

• bank account

• savings account

• checking account

• credit account

A check the bank refuses to pay

• outstanding check

• dishonored check

• cancelled check

• voided check

A computerized cash payment system that transfers funds without the use of checks or currency

• electronic funds transfer

• float

• atm

• deposit

An endorsement restricting further transfer of a check's ownership

• special endorsement

• blank endorsement

• ordinary endorsement

• restrictive endorsement

A check with a future date on it

• predated check

• post-dated check

• special dated check

• dated check

An amount of cash kept on hand for making small purchases

• pretty cash

• small cash

• cash drawer

• petty cash

A form showing proof of a petty cash payment

• receipt

• memorandum

• petty cash form

• check

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

• instructions

• cancellation

• endorsement

• transfer

An endorsement consisting only of the endorser's signature

• special endorsement

• restrictive endorsement

• blank endosrement

• instructions