Banking And Bookkeeping Flashcards

1
Q

A restrictive endorsement on the back of a check includes the words:

A

For deposit only

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2
Q

When listing checks on a deposit slip, include the drawers name or the:

A

ABA number

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3
Q

If you make a mistake on a check, you should…

A

Void the check

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4
Q

The currency line on a deposit slip is used for recording:

A

Paper money

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5
Q

Bank statements are sent by the bank…

A

Monthly

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