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Study sets matching "chapter 5 acct"

19 terms
Accounting Chapter 5
Checking Account
endorsment
special endorsment
restrictive endorsment
A blank account from which payments can be ordered by a depos…
A signature or stamp on the back of a check transferring owne…
An endorsment indicating a new owner of a check
An endorment restricting further transfer of a checks ownership
Checking Account
A blank account from which payments can be ordered by a depos…
endorsment
A signature or stamp on the back of a check transferring owne…
13 terms
Accounting Chapter 5
bank statement
bank endorsement
checking account
code of conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A back account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
bank statement
A report of deposits, withdrawals, and bank balances sent to…
bank endorsement
An endorsement consisting only of the endorser's signature.
13 terms
Accounting Chapter 5 Terms
Code of Conduct
Checking Account
Endorsment
Blank Endorsment
A statement that guides the ethical behavior of a company and…
A bank account from which payments can be ordered by a deposi…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorsers signature
Code of Conduct
A statement that guides the ethical behavior of a company and…
Checking Account
A bank account from which payments can be ordered by a deposi…
17 terms
Accounting Chapter 5 Terms
Checking Account
Deposit Slip
Endorsement
Blank Endorsement
A bank account from which payments can be ordered by a deposi…
A bank form which lists the checks, currency, and coins an ac…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature
Checking Account
A bank account from which payments can be ordered by a deposi…
Deposit Slip
A bank form which lists the checks, currency, and coins an ac…
13 terms
Accounting - Chapter 5 Vocabulary
bank statement
blank endorsement
checking account
code of conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
bank statement
A report of deposits, withdrawals, and bank balances sent to…
blank endorsement
An endorsement consisting only of the endorser's signature.
12 terms
Accounting Chapter 5
Bank Statement
Blank Endorsement
Checking Account
Debit Card
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A bank card that automatically deducts the amount of a purcha…
Bank Statement
A report of deposits, withdrawals, and bank balances sent to…
Blank Endorsement
An endorsement consisting only of the endorser's signature.
18 terms
Accounting Chapter 5 Vocab
Checking Account
Deposit Slip
Endorsement
Blank Endorsement
A bank account from which payments can be ordered by a deposi…
A bank form which lists the checks, currency, and coins an ac…
A signature or stamp on the back of a check.
An endorsement consisting only of the endorser's signature.
Checking Account
A bank account from which payments can be ordered by a deposi…
Deposit Slip
A bank form which lists the checks, currency, and coins an ac…
15 terms
Accounting Chapter 5 Review
An __________________________ check is…
When petty cash is replenished, the ac…
Voided checks should/should not be rec…
The source document for an electronic…
outstanding
cash
should
memorandum
An __________________________ check is…
outstanding
When petty cash is replenished, the ac…
cash
75 terms
Financial Accounting Chapter 5
Accounts Receivables
Aging method
Allowance for uncollectible accounts
Allowance method
The amount of cash owed to the company by it's customers from…
Using a higher percentage for "old" accounts than for "new" a…
Contra asset account representing the amount of accounts rece…
Recording an adjustment at the end of each period to allow fo…
Accounts Receivables
The amount of cash owed to the company by it's customers from…
Aging method
Using a higher percentage for "old" accounts than for "new" a…
13 terms
Accounting Chapter 5
code of conduct
checking account
endorsement
blank endorsement
A statement that guides the ethical behavior of a company and…
A bank account from which payments can be ordered by a deposi…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature
code of conduct
A statement that guides the ethical behavior of a company and…
checking account
A bank account from which payments can be ordered by a deposi…
16 terms
Glencoe Accounting Chapter 5
Accounts used to collect information t…
Accounts that are continuous from one…
A revenue account is increased on the…
A revenue account is decreased on the…
temporary accounts
permanent accounts
Credit
Debit
Accounts used to collect information t…
temporary accounts
Accounts that are continuous from one…
permanent accounts
13 terms
Accounting Chapter 5 Vocabulary
bank statement
blank endorsement
checking account
code of conduct
a report of deposits, withdrawals, and bank balances sent to…
an endorsement consisting only of the endorser's signature
a bank account from which payments can be ordered by a deposi…
a statement that guides the ethical behavior of a company and…
bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
an endorsement consisting only of the endorser's signature
14 terms
Accounting Chapter 5 Vocab
Petty Cash Slip
Petty Cash
Debit Card
Electronic Funds Transfer
A form showing proof of petty cash payment
An amount of cash kept on hand and used for making small paym…
A bank card that automatically deducts the amount of a purcha…
A computerized cash payments system that transfers funds with…
Petty Cash Slip
A form showing proof of petty cash payment
Petty Cash
An amount of cash kept on hand and used for making small paym…
20 terms
Accounting 1 Chapter 5
postdated check
voided check
bank statement
canceled check
a check with a future date on it
a check that cannot be processed because the maker has made i…
a report of deposits, withdrawals, and bank balances sent to…
a check which has been paid by the bank
postdated check
a check with a future date on it
voided check
a check that cannot be processed because the maker has made i…
13 terms
Accounting I - Chapter 5
bank statement
blank endorsement
checking account
code of conduct
a report of deposits, withdrawals, and bank balances sent to…
an endorsement consisting only of the endorser's signature
a bank account from which payments can be ordered by a deposi…
a statement that guides the ethical behavior of a company and…
bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
an endorsement consisting only of the endorser's signature
13 terms
Accounting Chapter 5
Bank Statement
Blank Endorsement
Checking Account
Code of Conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
Bank Statement
A report of deposits, withdrawals, and bank balances sent to…
Blank Endorsement
An endorsement consisting only of the endorser's signature.
19 terms
Accounting Chapter 5
Checking Account
endorsment
special endorsment
restrictive endorsment
A blank account from which payments can be ordered by a depos…
A signature or stamp on the back of a check transferring owne…
An endorsment indicating a new owner of a check
An endorment restricting further transfer of a checks ownership
Checking Account
A blank account from which payments can be ordered by a depos…
endorsment
A signature or stamp on the back of a check transferring owne…
13 terms
Accounting Terms - Chapter 5
Bank Statement
Blank Endorsement
Checking Account
Code of Conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
Bank Statement
A report of deposits, withdrawals, and bank balances sent to…
Blank Endorsement
An endorsement consisting only of the endorser's signature.
13 terms
Accounting Chapter 5
Debit Card
Checking account
Dishonored Check
Electronic Funds Transfer
A bank card that, when making purchases automatically deducts…
A bank account from which payments can be ordered by a deposi…
A check that a bank refuses to pay
A computerized cash payments system that transfers funds with…
Debit Card
A bank card that, when making purchases automatically deducts…
Checking account
A bank account from which payments can be ordered by a deposi…
15 terms
Accounting Chapter 5
Bank Statement
Blank Endorsement
Checking Account
Code of Conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
Bank Statement
A report of deposits, withdrawals, and bank balances sent to…
Blank Endorsement
An endorsement consisting only of the endorser's signature.
Accounting Chapter 5
Ledger
100's
200's
300's
A Group of Accounts
Assets
Liabilities
Owner's Equity
Ledger
A Group of Accounts
100's
Assets
12 terms
Accounting Chapter 5
bank statement
blank endorsement
checking account
debit card
a report of deposits, withdrawals, and bank balances sent to…
and endorsement consisting only of the endorser's signature.
a bank account from which payments can be ordered by a deposi…
a bank card that, when making purchases, automatically deduct…
bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
and endorsement consisting only of the endorser's signature.
14 terms
Chapter 5 Accounting
Checking account
Deposit slip
Endorsement
Blank endorsement
A bank account from which payments can be ordered by a deposi…
A bank form which lists the checks, current balance, an accou…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature
Checking account
A bank account from which payments can be ordered by a deposi…
Deposit slip
A bank form which lists the checks, current balance, an accou…
18 terms
Accounting chapter 5
Bank statement
blank endorsement
canceled check
cash over
a report of deposits, withdrawals, and bank balances sent to…
an endorsement consisting only of the endorser's signature
a check which has been paid by the bank
a petty cash on hand amount that is more then a recorded amou…
Bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
an endorsement consisting only of the endorser's signature
15 terms
Accounting Chapter 5
Checking Account
code of conduct
endorsment
blank endorsement
A blank account from which payments can be ordered by a depos…
a statement that guides the ethical behavior of a company and…
A signature or stamp on the back of a check transferring owne…
an endorsement consisting only of the endorser's signature
Checking Account
A blank account from which payments can be ordered by a depos…
code of conduct
a statement that guides the ethical behavior of a company and…
16 terms
Accounting Chapter 5 Transactions
Received notice from bank of a dishono…
Paid cash to establish a petty cash fund
Paid cash on account to Delite Drums u…
Paid cash to replenish the petty cash…
A/R--Smith Group debit; Cash credit
Petty Cash debit; Cash credit
A/P Delite Drums debit; Cash credit
Supplies debit; Postage Expense debit; cash credit
Received notice from bank of a dishono…
A/R--Smith Group debit; Cash credit
Paid cash to establish a petty cash fund
Petty Cash debit; Cash credit
40 terms
Accounting Chapter 5
savings
checking
interest
deposit slip
Put money in account. Bank pays you interest.
Money in an account. Your order the bank to pay your money on…
Money paid to someone for use of borrowing money.
Form used to put money into a bank account.
savings
Put money in account. Bank pays you interest.
checking
Money in an account. Your order the bank to pay your money on…
13 terms
Accounting Terms Chapter 5
Bank statement
Blank endorsement
Checking account
Code of conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A bank account from which payments may be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
Bank statement
A report of deposits, withdrawals, and bank balances sent to…
Blank endorsement
An endorsement consisting only of the endorser's signature.
13 terms
Accounting I - Chapter 5
code of conduct
checking account
endorsement
blank endorsement
A statement that guides the ethical behavior of a company and…
A bank account from which payments can be ordered by a deposi…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature.
code of conduct
A statement that guides the ethical behavior of a company and…
checking account
A bank account from which payments can be ordered by a deposi…
21 terms
Accounting: Chapter 5
Checking Account
Deposit Slip
Endorsement
Blank Endorsement
Bank account from which payments can be ordered by a depositor
A bank form which lists the checks, currency, and coins an ac…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature... 1…
Checking Account
Bank account from which payments can be ordered by a depositor
Deposit Slip
A bank form which lists the checks, currency, and coins an ac…
8 terms
Accounting Chapter 5
Code of Conduct
Checking Account
Endorsement
Postdated Check
A statement that guides the ethical behavior of a company and…
A bank account from which a payments can be ordered by a depo…
A signature or stamp on the back of a check transferring owne…
A check with a future date
Code of Conduct
A statement that guides the ethical behavior of a company and…
Checking Account
A bank account from which a payments can be ordered by a depo…
11 terms
Accounting Chapter 5
Checking Account
endorsment
special endorsment
restrictive endorsment
A blank account from which payments can be ordered by a depos…
A signature or stamp on the back of a check transferring owne…
An endorsment indicating a new owner of a check
An endorment restricting further transfer of a checks ownership
Checking Account
A blank account from which payments can be ordered by a depos…
endorsment
A signature or stamp on the back of a check transferring owne…
13 terms
Accounting Chapter 5
Code of conduct
Checking account
Endorsement
Blank endorsment
A statement that guides the ethical behavior of a company and…
A bank account from which payments can be ordered by a deposi…
A signature or stamp on the back of a check transferring owne…
An endorsement consisting only of the endorser's signature
Code of conduct
A statement that guides the ethical behavior of a company and…
Checking account
A bank account from which payments can be ordered by a deposi…
18 terms
Chapter 5 Accounting Vocab
checking account
deposit slip
endorsement
blank endorsement
a bank account from which payment can be ordered by a depositor
a bank form which lists the checks, currency, and coins an ac…
a signature or stamp on the back of a check transferring owne…
an endorsement consisting only of the endorser's signature
checking account
a bank account from which payment can be ordered by a depositor
deposit slip
a bank form which lists the checks, currency, and coins an ac…
21 terms
Accounting Chapter 5 Vocabulary
Accounting clerk
Bank statement
Blank endorsement
Canceled check
An accounting worker who processes routine details about acco…
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A check which has been paid by the bank.
Accounting clerk
An accounting worker who processes routine details about acco…
Bank statement
A report of deposits, withdrawals, and bank balances sent to…
13 terms
Accounting I - Chapter 5
code of conduct
checking account
endorsement
blank endorsement
a statement that guides the ethical behavior of a company and…
a bank account from which payments can be ordered by a deposi…
a signature or stamp on the back of a check tranferring owner…
an endorsement consisting only of the endorser's signature
code of conduct
a statement that guides the ethical behavior of a company and…
checking account
a bank account from which payments can be ordered by a deposi…
21 terms
Accounting: Chapter 5
bank statement
blank endorsement
checking account
code of conduct
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature
a bank account from which payments can be ordered by a deposi…
a statement that guides the ethical behavior of a company and…
bank statement
A report of deposits, withdrawals, and bank balances sent to…
blank endorsement
An endorsement consisting only of the endorser's signature
13 terms
Accounting Chapter 5 Key Terms
bank statement
blank endorsement
checking account
code of conduct
a report of deposits, withdrawals, and bank balances sent to…
an endorsement consisting only of the endorser's signature
a bank account from which payments can be ordered by a deposi…
a statement that guides the ethical behavior of a company and…
bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
an endorsement consisting only of the endorser's signature
42 terms
Accounting chapter 5
Bank Statement
Blank Endorsement
Checking Account
Code of Conduct
A report of deposits, withdraws, and bank balances sent to a…
An endorsement consisting only of the endorser's signature.
A bank account from which payments can be ordered by a deposi…
A statement that guides the ethical behavior of a company and…
Bank Statement
A report of deposits, withdraws, and bank balances sent to a…
Blank Endorsement
An endorsement consisting only of the endorser's signature.
13 terms
Chapter 5 Accounting Vocabulary
bank statement
blank endorsement
checking account
code of conduct
A report of deposits, withdrawals, and bank balances set to t…
An endorsement consisting of only the endorser's signature
A bank account from which payments can be ordered by depositors
A statement that guides the ethical behavior of a company and…
bank statement
A report of deposits, withdrawals, and bank balances set to t…
blank endorsement
An endorsement consisting of only the endorser's signature
18 terms
Accounting 1 Chapter 5 Terms
dishonored check
postdated check
petty cash slip
checking account
A check that a bank refuses to pay
A check with a future date
A form showing proof of a petty cash payment.
A bank account from which payments can be ordered by a deposi…
dishonored check
A check that a bank refuses to pay
postdated check
A check with a future date
15 terms
Accounting Chapter 5 Review
An __________________________ check is…
When petty cash is replenished, the ac…
Voided checks should/should not be rec…
The source document for an electronic…
outstanding
cash
should
memorandum
An __________________________ check is…
outstanding
When petty cash is replenished, the ac…
cash
18 terms
BHS Accounting 10E Chapter 5
Checking Account
Deposit Slip
Endorsement
Blank Endorsement
Bank account from which payments can be ordered by a depositor
Bank form which lists the checks, currency, and coins an acco…
Signature or stamp on the back of a check transferring owners…
Endorsement consisting of the endorser's signature only.
Checking Account
Bank account from which payments can be ordered by a depositor
Deposit Slip
Bank form which lists the checks, currency, and coins an acco…
13 terms
Accounting Chapter 5
bank statement
blank endorsement
checking account
code of conduct
a report of deposits, withdrawals, and bank balances sent to…
an endorsement consisting only of the endorser's signature.
a bank account from which payments can be ordered by a deposi…
a statement that guides the ethical behavior of a company and…
bank statement
a report of deposits, withdrawals, and bank balances sent to…
blank endorsement
an endorsement consisting only of the endorser's signature.
23 terms
Accounting Terminology: Chapter 5
Current Liabilities
Income Salary
Interim Financial Statements
Notes
Existing obligations that are expected to be satisfied with a…
The summary account in the ledger to which revenue and expens…
Financial statements ore oared for periods of less than one y…
Supplemental disclosures that accompany financial statements…
Current Liabilities
Existing obligations that are expected to be satisfied with a…
Income Salary
The summary account in the ledger to which revenue and expens…
17 terms
Accounting Chapter 5
checking account
deposit slip
endorsement
blank endorsement
a bank account from which payments can be ordered by a deposi…
a bank form that lists the checks, currency, and coins that a…
a signature or stamp on the back of a check transferring owne…
an endorsement consisting only of the endorser's signature ... e…
checking account
a bank account from which payments can be ordered by a deposi…
deposit slip
a bank form that lists the checks, currency, and coins that a…
19 terms
Accounting Chapter 5
Accounting clerk
Bank statement
Blank endorsement
Canceled check
An accounting worker who processes routine details about acco…
A report of deposits, withdrawals, and bank balances sent to…
An endorsement consisting only of the endorser's signature.
A check which has been paid by the bank.
Accounting clerk
An accounting worker who processes routine details about acco…
Bank statement
A report of deposits, withdrawals, and bank balances sent to…
Principles of Accounting Chapter 5
Contra revenue account
Cost of goods sold
FOB destination
FOB shipping point
An account that is offset against a revenue account on the in…
The total cost of merchandise sold during the period.
Freight terms indicating that the seller places the goods fre…
Freight terms indicating that the seller places goods free on…
Contra revenue account
An account that is offset against a revenue account on the in…
Cost of goods sold
The total cost of merchandise sold during the period.
18 terms
Accounting Terms Chapter 5
checking account
deposit slip
endorsement
blank endorsement
a bank account from which payments can be ordered by a deposi…
A bank form which list the checks, currency, and coins an acc…
a signature or stamp on the back of a check
and endorsement consisting only of the endorser's signature
checking account
a bank account from which payments can be ordered by a deposi…
deposit slip
A bank form which list the checks, currency, and coins an acc…
35 terms
Accounting Chapter 5
Liquidity
Solvency
financial flexibility
Assets
The amount of time that is expected to elapse until an asset…
Ability of a company to pay its debts as they mature
an ability of an enterprise to take effective actions to alte…
Probable future economic benefits obtained or controlled by a…
Liquidity
The amount of time that is expected to elapse until an asset…
Solvency
Ability of a company to pay its debts as they mature
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