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Chapter 4 - Banking
Descrição
Chapter 4 - Banking - Mind Map - Michelle Moore
Sem etiquetas
chapter 4 - banking - mind map
business/economics
Mapa Mental por
MICHELLE MOORE
, atualizado more than 1 year ago
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Criado por
MICHELLE MOORE
quase 4 anos atrás
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Resumo de Recurso
Chapter 4 - Banking
Checking Account
Signature Card
Deposit Ticket
Increases Account
Checks or cash deposited into account
Checks
Decreases Account
Drawee
One who writes the check
Drawer
One who writes the check
Payee
To whom the check is payable
Common Endorsements
Blank Endorsement
Full Endorsement
Restrictive Endorsement
Bank & Statement Reconciliation
Checkbook Balance
Add to Checkbook
EFT
Interest Earned
Notes Collected
Direct Deposit
Subtract from Checkbook
ATM Withdrawels
NSF Check
Auto Withdrawels
Online Fees
Auto Payments
Overdrafts
Service Charges
Stop Payments
Bank Balance
Add to Bank Balance
Deposit in Transit
Subtract from Bank Balance
Outstanding Checks
Reconciling a Bank Statement
Step 1 - Identify Outstanding Checks
Step 2 - Identify the deposits in transit
Step 3 - Look for transaction not previously recorded
Step 4 - Check for recording Error
Step 5 - Compare the adjusted balances of the checkbook and bank statement
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