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Checking Account/Debit Card - FINAL REVIEW

AB
“bouncing a check”When there are insufficient funds in an account and a substantial fee is assessed by both the financial institution and the payee
CheckA legal document that functions like cash.
Check RegisterAll transactions including deposits, checks, debit card purchases, additional fees, and ATM use should be recorded here immediately after completion.
Deposit SlipContains the account holder’s account number and allows money (cash or check) to be deposited into the correct account.
EndorsedWhen the person who receives the check must sign the back of the check to approve it for deposit.
PINDebit cards require using this to access the account to perform transactions.
ReconcilingBank statements are compared to the check register when____________________ the account.
EXTRAEXTRA


Business Teacher
Wichita High School South

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