Cash Control System
This chapter objectives are:
Define accounting terms related to using a checking account and petty cash fund
Identify accounting concepts and practices related to using a checking account
Prepare business papers related to using a checking account
Reconcile a bank statement
Journalize dishonored checks and electronic banking transactions
Establish and replenish a petty cash fund
Posted below are the PowerPoints and the "worksheets" we will use in class for this chapter.
Vocabulary
5-1 Checking Accounts
Code of Conduct
Checking Account
Endorsement
Blank Endorsement
Special Endorsement
Restrictive Endorsement
Postdated Check
5-2 Bank Reconciliation
Bank statement
5-3 Dishonored Checks and Electronic Banking
Dishonored Check
Electronic Funds Transfer
Debit Card
5-4 Petty Cash
Petty Cash
Petty Cash Slip