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17. Please name two types of errors that might occur with cash control systems (answers can be found in Explore Accounting, p. 139)?



18. Please locate and bookmark Market Place and Market Place Morning Report.

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15. What is the credit entry for a dishonored check, electronic funds transfer, debit card transaction, and establishing a petty cash fund?



16. What are the debit entries for each of the transactions listed above?

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13. What is a bank service charge? Can you name at least two reasons for which someone might encrue a bank service charge?



14. What is the source document for a bank service charge transaction?

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11. Bank deposits are generally covered up to ________________ per depositor by the _________.



12. A postdated check is a check written with a _____________ date.

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9. What does the term "control" mean?



10. Why is it important to have systems in place to control cash?

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7. A correcting entry is made within which accounting document?



8. What does Cost of Goods Sold mean?

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5. Listen to the article about tonight's BCS game.



6. How much is an average ticket price to the game? Approximately, how much money is made each year in the secondary ticket market?

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3. Each company designs its chart of accounts to _______________________________________.



4. True or False     When setting up a chart of accounts, a company does not have to use a straight series of numbers.

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1. Which civilization is credited for inventing coined money?



2. When does Encore Music always prove cash?