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© Mark E. Damon - All Rights Reserved
Checking 1
Checking 2
Bank statement
Trans-actions
Petty cash
$100 $100 $100 $100 $100
$300 $300 $300 $300 $300
$500 $500 $500 $500 $500
Round 2
Final Jeopardy
Scores
© Mark E. Damon - All Rights Reserved
$100$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
$300$300
Simply signing your name is known as this type of
endorsement
Simply signing your name is known as this type of
endorsement
© Mark E. Damon - All Rights Reserved
$500$500
An endorsement indicating a new owner of the check by writing
“Pay to the order of..” is referred to as this
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
$100$100
This is a bank account from which payments can be ordered
by a depositor
This is a bank account from which payments can be ordered
by a depositor
© Mark E. Damon - All Rights Reserved
$100$100
What is checking account?What is checking account?
Scores
© Mark E. Damon - All Rights Reserved
$300$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
$500$500
Restricting further transfer of check by writing “For deposit
only to…” is utilizing this type of endorsement
Restricting further transfer of check by writing “For deposit
only to…” is utilizing this type of endorsement
© Mark E. Damon - All Rights Reserved
$100$100
When doing a bank statement reconciliation, the adjusted bank balance and adjusted check stub
balance should do this
When doing a bank statement reconciliation, the adjusted bank balance and adjusted check stub
balance should do this
© Mark E. Damon - All Rights Reserved
$300$300
An outstanding check is one that has not done this
An outstanding check is one that has not done this
© Mark E. Damon - All Rights Reserved
$300$300
What is been reported by the bank?
What is been reported by the bank?
Scores
© Mark E. Damon - All Rights Reserved
$500$500
A report of deposits, withdrawals, and bank balances reported by the bank is referred to as this
A report of deposits, withdrawals, and bank balances reported by the bank is referred to as this
© Mark E. Damon - All Rights Reserved
$500$500
What is a bank statement?What is a bank statement?
Scores
© Mark E. Damon - All Rights Reserved
$100$100
These are the accounts affected, and how, when petty cash is
established
These are the accounts affected, and how, when petty cash is
established
© Mark E. Damon - All Rights Reserved
$100$100
What is petty cash debited and cash credited?
What is petty cash debited and cash credited?
Scores
© Mark E. Damon - All Rights Reserved
$300$300
These are the accounts affected, and how, when a bank service
charge is recorded
These are the accounts affected, and how, when a bank service
charge is recorded
© Mark E. Damon - All Rights Reserved
$300$300
What is miscellaneous expense debit and cash credit?
What is miscellaneous expense debit and cash credit?
Scores
© Mark E. Damon - All Rights Reserved
$500$500
These are the accounts affected, and how, when petty cash is
replenished.
These are the accounts affected, and how, when petty cash is
replenished.
© Mark E. Damon - All Rights Reserved
$500$500
What is debit to individual accounts and credit to cash?
What is debit to individual accounts and credit to cash?
Scores
© Mark E. Damon - All Rights Reserved
$100$100
This is the classification and normal balance of petty cashThis is the classification and normal balance of petty cash
© Mark E. Damon - All Rights Reserved
$100$100
What is asset and debit?What is asset and debit?
Scores
© Mark E. Damon - All Rights Reserved
$300$300
Petty cash in the real business world is replenished this oftenPetty cash in the real business world is replenished this often
© Mark E. Damon - All Rights Reserved
$500$500
Proof of a petty cash purchase can be found on one of these
Proof of a petty cash purchase can be found on one of these
© Mark E. Damon - All Rights Reserved
$500$500
What is a petty cash slip?What is a petty cash slip?
Scores
© Mark E. Damon - All Rights Reserved
What is a statement that guides the ethical behavior of a company
and its employees called?
What is a statement that guides the ethical behavior of a company
and its employees called?