Part One-Iilentifying Accounting Terms

ldenfi tins Accountins Term3AnolyzinE Tronsoclion5 in o Corh Conlrol Systenldenlitins A..ounling Concepls ond ProclicesTorcll2 Prs.I2 Pls.20 PkPart One-ldentifu ing Accounting TermsDirections: Select the one term in Colurnn I that best fits each de(inition inColumn II. Print the letter identifying your choice in the Answers column.Column IColvmn llB.bank statement 1, A bank account from which paFnents can be ordered by adepositor. (p. 120)blank endorsem€ntC. checking accountD. debit card2, A signature or stamp on the back of a check, transferringownership. (p. 121)3, An endorsement coniistint only of the endorser's siSnature.(p. 121)4. An endorsement indicating a new owner of a check. (p. 121)Answers1.3.4.E. dishonored checkF. electronic fundstransferG. endorsementH, petty cash5. An endorsement restricting further transfer of a check'sownership. (p. 121)5. A €heck with a future date on it. (p. 122)8.A report of deposits, withdravr'als, and bank balances sent to adepositor by a bank. (p. 125)A check that a banl refuses to pay. (p. 130)5.6.7.8.I. petty cash slipJ. posldated checkK. rcstrictiveL. special10.11.72-A computerized cash payments system that uses electrcnicimpulses to transfer tunds. (p. 132)A bank card that, when making purchaset automaticauy deductsthe amount of the purchase from the checking account of thecardholder. (p. 133)An amount of cash kept on hand arld used for makint smallpayments. (p. 135)A fom showing proof of a petty cash payment. (p. 136)9.10.11.12.CopyRlGHr @ SoUTH-WESTERN EDUCAT|QNAL PUBLTSHTNGChopler 6 . 2l