© Mark E. Damon - All Rights Reserved Round 1 Final Jeopardy Round 2.

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Presentation transcript:

© Mark E. Damon - All Rights Reserved

Round 1 Final Jeopardy Round 2

© Mark E. Damon - All Rights Reserved Checking 1 Checking 2 Bank statement Trans- actions Petty cash $100 $300 $500 Round 2 Final Jeopardy Scores

© Mark E. Damon - All Rights Reserved $100 True or false? Ownership of a check cannot be transferred True or false? Ownership of a check cannot be transferred

© Mark E. Damon - All Rights Reserved $100 What is false Scores

© Mark E. Damon - All Rights Reserved $300 Simply signing your name is known as this type of endorsement

© Mark E. Damon - All Rights Reserved $300 What is blank? Scores

© Mark E. Damon - All Rights Reserved $500 An endorsement indicating a new owner of the check by writing “Pay to the order of..” is referred to as this

© Mark E. Damon - All Rights Reserved $500 What is special? Scores

© Mark E. Damon - All Rights Reserved $100 This is a bank account from which payments can be ordered by a depositor

© Mark E. Damon - All Rights Reserved $100 What is checking account? Scores

© Mark E. Damon - All Rights Reserved

$300 True or false? Voided checks should be recorded in the journal True or false? Voided checks should be recorded in the journal

© Mark E. Damon - All Rights Reserved $300 What is true? Scores

© Mark E. Damon - All Rights Reserved $500 Restricting further transfer of check by writing “For deposit only to…” is utilizing this type of endorsement

© Mark E. Damon - All Rights Reserved $500 What is restrictive? Scores

© Mark E. Damon - All Rights Reserved $100 When doing a bank statement reconciliation, the adjusted bank balance and adjusted check stub balance should do this

© Mark E. Damon - All Rights Reserved $100 What is equal? Scores

© Mark E. Damon - All Rights Reserved $300 An outstanding check is one that has not done this

© Mark E. Damon - All Rights Reserved $300 What is been reported by the bank? Scores

© Mark E. Damon - All Rights Reserved $500 A report of deposits, withdrawals, and bank balances reported by the bank is referred to as this

© Mark E. Damon - All Rights Reserved $500 What is a bank statement? Scores

© Mark E. Damon - All Rights Reserved $100 These are the accounts affected, and how, when petty cash is established

© Mark E. Damon - All Rights Reserved $100 What is petty cash debited and cash credited? Scores

© Mark E. Damon - All Rights Reserved $300 These are the accounts affected, and how, when a bank service charge is recorded

© Mark E. Damon - All Rights Reserved $300 What is miscellaneous expense debit and cash credit? Scores

© Mark E. Damon - All Rights Reserved $500 These are the accounts affected, and how, when petty cash is replenished.

© Mark E. Damon - All Rights Reserved $500 What is debit to individual accounts and credit to cash? Scores

© Mark E. Damon - All Rights Reserved $100 This is the classification and normal balance of petty cash

© Mark E. Damon - All Rights Reserved $100 What is asset and debit? Scores

© Mark E. Damon - All Rights Reserved $300 Petty cash in the real business world is replenished this often

© Mark E. Damon - All Rights Reserved $300 What is as needed? Scores

© Mark E. Damon - All Rights Reserved $500 Proof of a petty cash purchase can be found on one of these

© Mark E. Damon - All Rights Reserved $500 What is a petty cash slip? Scores

© Mark E. Damon - All Rights Reserved Scores Vocabulary Final Jeopary Question

© Mark E. Damon - All Rights Reserved What is a statement that guides the ethical behavior of a company and its employees called?

© Mark E. Damon - All Rights Reserved What is: Scores Code of conduct