Banking And Bookkeeping Flashcards
1
Q
A restrictive endorsement on the back of a check includes the words:
A
For deposit only
2
Q
When listing checks on a deposit slip, include the drawers name or the:
A
ABA number
3
Q
If you make a mistake on a check, you should…
A
Void the check
4
Q
The currency line on a deposit slip is used for recording:
A
Paper money
5
Q
Bank statements are sent by the bank…
A
Monthly