how businesses use cash

Question 1

check

Answer 1

a business form ordering a bank to pay cash from a bank account

Question 2

bank act from which payments can be ordered by a depositor

Answer 2

checking account

Question 3

a deposit form that lists the checks, currency, and coins an account holder is is adding to the bank acct

Answer 3

deposit slip

Question 4

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

Answer 4

endorsement

Question 5

three types of endorsements

Answer 5

bank, special, restrictive

Question 6

an endorsement indicating a new owner of a check is called

Answer 6

special endorsement

Question 7

a special endorsement is sometimes called

Answer 7

endorsement in full

Question 8

an endorsement restricting further transfer of a checks ownership

Answer 8

restrictive endorsement

Question 9

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

Answer 9

bank statement

Question 10

a check that has been payed by the bank

Answer 10

cancelled check