Chapter 4 - Banking

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Chapter 4 - Banking - Mind Map - Michelle Moore
MICHELLE MOORE
Mapa Mental por MICHELLE MOORE, actualizado hace más de 1 año
MICHELLE MOORE
Creado por MICHELLE MOORE hace casi 4 años
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Chapter 4 - Banking
  1. Checking Account
    1. Signature Card
      1. Deposit Ticket
        1. Increases Account
          1. Checks or cash deposited into account
          2. Checks
            1. Decreases Account
              1. Drawee
                1. One who writes the check
                2. Drawer
                  1. One who writes the check
                  2. Payee
                    1. To whom the check is payable
                    2. Common Endorsements
                      1. Blank Endorsement
                        1. Full Endorsement
                          1. Restrictive Endorsement
                      2. Bank & Statement Reconciliation
                        1. Checkbook Balance
                          1. Add to Checkbook
                            1. EFT
                              1. Interest Earned
                                1. Notes Collected
                                  1. Direct Deposit
                                  2. Subtract from Checkbook
                                    1. ATM Withdrawels
                                      1. NSF Check
                                        1. Auto Withdrawels
                                          1. Online Fees
                                            1. Auto Payments
                                              1. Overdrafts
                                                1. Service Charges
                                                  1. Stop Payments
                                                2. Bank Balance
                                                  1. Add to Bank Balance
                                                    1. Deposit in Transit
                                                    2. Subtract from Bank Balance
                                                      1. Outstanding Checks
                                                    3. Reconciling a Bank Statement
                                                      1. Step 1 - Identify Outstanding Checks
                                                        1. Step 2 - Identify the deposits in transit
                                                          1. Step 3 - Look for transaction not previously recorded
                                                            1. Step 4 - Check for recording Error
                                                              1. Step 5 - Compare the adjusted balances of the checkbook and bank statement
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