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RECORD KEEPING Chapter 4 Cash Receipts Records - (copy)

Using a Cash Register
Handling Refunds, Coupons, and Checks
Preparing Proofs of Cash

AB
Amount tenderedAmount given to pay for a sale.
SubtotalTotal on which other calculations will be made.
Cash registerA machine used to handle money.
Cash register receiptA printed record of transactions.
Universal Product CodeCode on that can be read and recorded by a special cash register system.
RefundMoney given back.
Check-cashing privilege cardAllows you to cash checks
PoliciesRules or procedures
Third-party checksChecks from persons other than customers.
Detailed audit tapeRecord of all cash register transactions
Proof of cashCompares amount of cash you should have with actual.
Cash shortageLess cash on hand than there should be.
Bank depositMoney placed in a bank account.
Tally sheetChecklist of money to be deposited
Loose bills and coinsDo not fill a wrapper.
Deposit slipLists of money to be deposited
MICRMagnetic Ink Character Recognition
Magnetic Ink Character RecognitionNumber printed in a special way so that they can be read directly by the computer.



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