Business

Upon receipt of your bank statement you should first check for letter codes or symbols and for any ...

Started by iveyjurea

A bank statement contains a listing of all the transactions recorded by the bank during the statement period.

Started by tatyanajohnson

Reconcile the bank statement with the check register balance. Find the current balance.

Started by lindiwe

While banking procedures are designed to prevent misuse of checks, it is a good idea to use a:

Started by KimWrice

According to the Board of Governors of the Federal Reserve Board, an endorsement must be:

Started by ssal

The is a form kept with the checks and is used to record checks written and deposits made.

Started by APUS57

The checkbook should be credited when a memorandum for which of the following is received?

Started by xclash

Writing the words "For Deposit Only" along with your checking account number on the back of a check ...

Started by B

Before a check can be deposited or cashed, it must be:

Started by tatyanajohnson

When completing a check stub, to arrive at the ending balance, take the beginning balance and:

Started by melina_rosy

A check endorsed "For Deposit Only" can only be cashed by the person who endorsed the check.

Started by itsmyluck

The safest type of endorsement is a blank endorsement.

Started by fagboi

It is a good idea to use a restricted endorsement when depositing a check.

Started by theo

"For Deposit Only" is the least restrictive form of endorsement.

Started by MGLQZ

Find the ending balance in the account register.

Started by vinney12

A credit memorandum, when received from the bank, should be:

Started by jazziefee

An electronic funds transfer (EFT):

Started by nevelica

On a deposit slip, checks are normally listed:

Started by naturalchemist

Personal checks and some business checks have a line called a , which provides space for the maker ...

Started by joe

When money is to be added to a checking account, a is normally filled out.

Started by melly21297

On the bottom of the check, the checking account number is printed in:

Started by lilldybug07

The one who writes the check and directs the payment of funds is known as the:

Started by kellyjaisingh

The one to whom a check is written and the money paid is called the:

Started by brutforce

When a checking account is opened, the person(s) who will be writing checks must sign a:

Started by jerry coleman

Point-of-sale transactions are examples of electronic funds transfers.

Started by s.tung