3. CASH CONTROL SYSTEMS CASH CONTROL SYSTEMS Code of ConductCode of Conduct –Statement of Ethical Behavior that Guides a Company and its Employees Checking AccountChecking Account Account from which payments can be ordered by a depositorAccount from which payments can be ordered by a depositor EndorsementEndorsement –Signature or stamp on the back of a check transferring ownership

4. Chapter 5 Vocabulary Blank EndorsementBlank Endorsement –Endorsement consisting only of the endorser’s signature Special EndorsementSpecial Endorsement –Endorsement indicating a new owner of a check Restrictive EndorsementRestrictive Endorsement –Endorsement restricting further transfer of a check’s ownership Postdated CheckPostdated Check –A check with a future date on it

5. Checking Accounts 5-1 Date__________ 20_____ AUG 1 20-- D50000.00 RDS Pacific national bank Portland, OR 33601 For deposit to the account of 24-317 1230 TECHKNOW CONSULTING 7549 Broadway Portland, OR 97202-2531 Currency Coin Checks TOTAL CUSTOMER RECEIPT  August 1, xx 24-108 5,000 00 5,000 00 DEPOSITING CASH DEPOSITING CASH

6. No. 1$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Encore Music 530 Anoka Avenue Tampa, FL 33601 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Tampa, FL 33601 FOR  0 00 5000 00 8 1 -- Checking Accounts 5-1 SUBTOTAL… 5000 00 DEPOSIT RECORDED ON A CHECK STUB

7. Checking Accounts 5-1 Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use [Blank Endorsement][Special Endorsement] [Restrictive Endorsement] Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use Kim Park Pay to the order of Eleanor Johnson Kim Park For deposit only to The account of TECHKNOW CONSULTING Kim Park BLANK ENDORSEMENT, SPECIAL ENDORSEMENT, BLANK ENDORSEMENT, SPECIAL ENDORSEMENT, and RESTRICTIVE ENDORSEMENT and RESTRICTIVE ENDORSEMENT

8. No. 1$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTOAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Techknow Consulting 7549 Broadway Portland, OR 97202-2531 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Tampa, FL 33601 FOR  0 00 5000 00 8 1 01 5000 00 275 00 4725 00 275. 00 August 301 Port City Supply Co. Supplies Port City Supply Co. Supplies Kim Park August 3,0-- 275.00 Two hundred seventy five and no 100 Checking Accounts 5-1 COMPLETED CHECK STUB and CHECK Subtotal Amount of This Check _ New NewBalance= $5,000.00 $275.00$4,725 =_

9. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2VOID 5 Dash in Credit Column 3SourceDocument 1Date 15 C20 VOID 1 Checking Accounts 5-1 4 Check Mark RECORDING A VOIDED CHECK RECORDING A VOIDED CHECK

10. Endorsing and Writing Checks W ORK TOGETHER Chapter 5-1 Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use [Blank Endorsement] David Maxwell

11. Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use Endorsing and Writing Checks W ORK TOGETHER Chapter 5-1 [Special Endorsement] Pay to the order of Kelsey Sather David Maxwell

12. Endorse here X DO NOT WRITE, STAMP, OR SIGN BELOW THIS LINE Reserved for Financial Institution Use Endorsing and Writing Checks W ORK TOGETHER Chapter 5-1 [Restrictive Endorsement] For deposit only to The account of BALSAM LAKE ACCOUNTING David Maxwell

13. 1805 75 489 00 10 30 01 2294 75 No. 78$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTOAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Balsam Lake Accounting 154 Main Street Balsam Lake, WI 54810 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Balsam Lake, WI 54810 FOR  162 00 2132 75 162 00 October 3001 Corner Garage Repairs Corner Garage Repairs David Maxwell October30,01 162.00 One Hundred Sixty Two and no 100 2294 75 SUBTOTOAL Endorsing and Writing Checks W ORK TOGETHER Chapter 5-1 NO. 78 63-109 929

14. 2132 75 2132 75 No. 79$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTOAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Balsam Lake Accounting 154 Main Street Balsam Lake, WI 54810 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Balsam Lake, WI 54810 FOR  92 00 2040 75 92 00 October 3001 St. Croix Supply Supplies St. Croix Supply Supplies David Maxwell October30,01 92.00 Ninety Two and no 100 2132 75 SUBTOTOAL Endorsing and Writing Checks W ORK TOGETHER Chapter 5-1 NO. 79 63-109 929

15. Bank StatementBank Statement Chapter 5 Vocabulary –A report of deposits, withdrawals, and bank balances

16. 5-2 PLEASE EXAMINE AT ONCE – IF NO ERRORS ARE REPORTED WITHIN 10 DAYS THE ACCOUNT WILL BE CONSIDERED CORRECT. REFER ANY DISCREPANCY TO OUR ACCOUNTING DEPARTMENT IMMEDIATELY. BANK STATEMENT BANK STATEMENT

17. 5-2 RECONCILIATION OF BANK STATEMENT (Date) Balance on Check Stub No.___……. DEDUCT BANK CHARGES: Balance on Bank Statement…………………………….. ADD OUTSTANDING DEPOSITS: Total bank charges Total outstanding deposits SUBTOTAL……………………………………………….. Total outstanding checks Adjusted Bank Balance…………………………………..Adjusted Check Stub Balance……….. DescriptionAmount $ $ $ $ $ $ $ Ck. No. Amount Ck. No. AmountDate 144,972 00 Service Charge 8 00 4,964 00 August 31, 20-- 1Date 2 Check Stub Balance 3ServiceCharge 4 Adjusted Check Stub Balance 5BankStatementBalance 5,304 00 6 Outstanding Deposits 8/31/--190 00 7Subtotal 5,494 00 8OutstandingChecks 12 13 30 00 500 00 530 00 4,964 00 190 00 9 Adjusted Book Balance 10 Compare Adjusted Balances BANK STATEMENT RECONCILIATION BANK STATEMENT RECONCILIATION

18. No. 14$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Encore Music 530 Anoka Avenue Tampa, FL 33601 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Tampa, FL 33601 FOR  4,782 00 190 00 8 31 -- 4,964 00 Bank Reconciliation 5-2 SUBTOTAL… 4,972 00 Service Charge 8.00 8 00 1Label 2Amount 3 New Subtotal RECORDING a BANK SERVICE CHARGE on a CHECK STUB

19. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument 1Date 31 M3 Miscellaneous Expense 2 Bank Reconciliation 5-2 8.00 8.00 Miscellaneous Expense Cash 8.00 JOURNALIZING a BANK SERVICE CHARGE

20. RECONCILIATION OF BANK STATEMENT (Date) Balance on Check Stub No.___……. DEDUCT BANK CHARGES: Balance on Bank Statement…………………………….. ADD OUTSTANDING DEPOSITS: Total bank charges Total outstanding deposits SUBTOTAL……………………………………………….. Total outstanding checks Adjusted Bank Balance…………………………………..Adjusted Check Stub Balance……….. DescriptionAmount $ $ $ $ $ $ $ Ck. No. Amount Ck. No. AmountDate 1061,575 00 Service Charge 2 00 1,573 00 July 29, 2001 1,528 00 7/28/01150 00 1,678 00 103 105 70 00 35 00 105 00 1,573 00 150 00 W ORK TOGETHER Chapter 5-2

21. No. 106$ Date20 To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER Encore Music 530 Anoka Avenue Tampa, FL 33601 20 PAY TO THE ORDER OF $ DOLLARS Peoples national bank Tampa, FL 33601 FOR  1,575 00 1,573 00 SUBTOTAL… 1,575 00 Service Charge 2.00 2 00 1Label 2Amount 3 New Subtotal W ORK Chapter 5-2 TOGETHER

22. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 29 M44 Misc. Expense 14 2.00 WORK TOGETHER Chapter 5-2

23. Chapter 5 Vocabulary Dishonored CheckDishonored Check –A check that a bank refuses to pay Electronic Funds TransferElectronic Funds Transfer –A computerized cash payments system that uses electronic impulses to transfer funds Debit CardDebit Card –Bank card that, when making purchases, automatically deducts the amount of the purchase from the checking account of the cardholder.

24. No. 1$ Date To For BAL BRO’T FOR’D AMT. DEPOSITED SUBTOTAL………………… AMT. THIS CHECK…………. BAL. CAR’D. FOR’D………… OTHER SUBTOTAL… 20 Dishonored Checks and Electronic Banking 5-3 1Label 2Amount 3 New Subtotal RECORDING a DISHONORED CHECK on a CHECK STUB 6,023 00 6,128 00 105 00 Dis. Check 105.00 6,128 00

25. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument 1Date 5 M55 A/R Campus Int. Cafe 175-3 105.00 105.00 A/R Campus Int. Cafe Cash 105.00 JOURNALIZING a DISHONORED CHECK

26. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument 1Date 2 M10 A/P Kelson Enterprises 8 5-3 350.00 350.00 A/P Kelson Ent. Cash 350.00 JOURNALIZING an ELECTRONIC FUNDS TRANSFER

27. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument 1Date 5 M12 Supplies 17 5-3 24.00 24.00 24.00SuppliesCash JOURNALIZING a DEBIT CARD TRANSACTION

28. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 15 M121 A/R Chris Ikola 6 73.00 WORK TOGETHER Chapter 5-3 16 M122 A/P L. Spinoza135.00 17 M123 Supplies31.00

29. Chapter 5 Vocabulary Petty CashPetty Cash –An amount of cash kept on hand and used for making small payments Petty Cash SlipPetty Cash Slip –Form showing proof of a petty cash payment

30. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument Establishing a Petty Cash Fund 1Date 19 C8 Petty Cash 8 5-4 100.00 100.00 Petty Cash Cash 100.00

31. 5-4 PETTY CASH SLIP No. 1 Date: Paid to: For: Account: $ Approved: August 19, 20-- Tribune Newspaper Ad10.00 Advertising Expense Barbara Treviño Kim Park MAKING PAYMENTS from a PETTY CASH FUND with a PETTY CASH SLIP

32. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 2Debit 3 Credit Credit 4SourceDocument 1Date 31 C12 Misc. Expense 8 Petty Cash 5-4 20.0030.00 Advert. Expense10.00 JOURNALIZING REPLENISHING the PETTY CASH ACCOUNT

33. JOURNAL PAGE 12345 DATEACCOUNT TITLE DOC. NO. POST REF. GENERALCASH SALES CREDIT DEBIT CREDIT 31 C97 Supplies 13 25.0078.00 Misc. Expense8.00WORK TOGETHER Chapter 5-4 Petty Cash July 3 2001 Repairs. Expense45.00 250.00 C57