Details Title: Accounting Chapter 5 Description: vocab Total Flash Cards: 11 Created: 01/20/2009 11:42:49		New Users: To study from this flashcard set, or to create your own your own study flash cards, REGISTER HERE. Existing Users: CLICK HERE. Additional Accounting Flashcards
Cards in this set: Term Endorsement Definition A signature or stamp on the back of a check, transferring ownership. Term Blank Endorsement Definition An endorsement consisting only of the owner's name. Term Special Endorsement Definition An endorsement indicating a new owner of a check. Term Restrictive Endorsement Definition An endorsement restricting further transfer of a check's ownership. Term Postdated Check Definition A check with a future date on it. Term Bank Statement Definition A report of deposits, withdrawals, and bank balances sent to a depositor by a bank. Term Dishonored Check Definition A check that a bank refuses to pay. Term Electronic Trunds Transfer (EFT) Definition A computerized cash payment system that transfer funds without the use of checks, currency, or other paper documents. Term Debit Card Definition A bank card that automatically deducts that amount of a purchase from the checking account of the cardholder. Term Petty Cash Definition An amount of cash kept on hand and used for making small payments. Term Petty Cash Slip Definition A form showing proof of a petty cash payment.