Accounting NEW Flashcards

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

Checking account

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


An endorsement consisting only of the endorser's signature

Blank endorsement

An endorsement indicating a new owner of a check

Special endorsement

An endorsement restricting further transfer of a check's ownership

Restrictive endorsement

A check with a future date on it

Postdated check

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

Bank statement

A check that a bank refuses to pay

Dishonored check