| A | B |
|---|
| checking account | depositor can order payments from this bank account |
| endorsement | signature or stamp on the back of a check |
| blank endorsement | only has endorser's signature |
| restrictive endorsement | restricts further transfer of ownership |
| postdated check | check with a future date |
| bank statement | report of deposits, withdrawals, and balance |
| dishonored check | bank refuses to pay |
| electronic funds transfer (EFT) | computerized cash payment system |
| petty cash | used for making small payments |
| petty cash slip | proof of a petty cash payment |
| establish petty cash | debit-petty cash /credit-cash |
| memorandum | source document for EFT |
| recorded as "other" on check stub | EFT's, dishonored checks, service charges |
| outstanding checks | checks not yet reported on bank statement |
| VOID check | must be kept for objective evidence |
