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ACC 231, Chapter 6

Across
What employees use to justify fraudulent behavior
Checks that have been written and sent to the payees but which have not yet cleared the bank at the date of the bank statement
Bank employees can use this to verify the signature on checks
The transfer of cash using electronic means
The account debited when a company first establishes a petty cash fund
Account debited when a customer's check is returned by a bank for not sufficient funds (NSF)
Document received from a bank that shows the activity in a bank account over a period of time--usually a month
An internal document used to accumulate information to control cash payments and to ensure that a transaction is recorded correctly
It lists items such as currency and checks and their respective amounts that are deposited into a bank account
A system used to control the expenditures of petty cash and the periodic replenishment of the petty cash fund
Down
A set of procedures and approvals designed to control cash payments and the acceptance of obligations
System designed to protect assets and ensure reasonably reliable accounting records
Summarizes projected cash receipts and cash disbursements
An internal document that explains the difference between the bank account balance shown in the general ledger and the balance shown on the bank statement
Includes currency, coins, customers' checks, and amounts in bank accounts
Checks that the bank has paid and deducted from the customer's account