BUSINESS HIGH SCHOOL-ACCOUNTING I Outstanding Deposits Signature Card Writing Checks Reconciling the Bank Statement Deposits Checking Accounts Outstanding Checks Endorsements Banking Procedures Chapter 11 Bank Service Charges ABA Number Postdated Check Electronic Funds Transfer Special Banking Procedures NSF Check Automated Teller Machine Stop Payment Order Accounting 1 Essential Learning Expectations: Chapter 11: A checking account allows a person or business to deposit cash in a bank and to write checks against the account balance. A signature card contains the signature(s) of the person(s) authorized to write checks on an account. There are three types of endorsements. Reconciling the bank statement is the process of determining any differences between the bank statement and the checkbook. Banks have a number of special procedures in place to deal with the three major problems associated with checks. Content Vocabulary: Endorsement Canceled Check NSF Check Outstanding Checks Outstanding Deposits Postdated Check Reconciliation Stop Payment Order