LESSON 5-1 Checking Accounts

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Presentation transcript:

LESSON 5-1 Checking Accounts 2/4/2019 LESSON 5-1 Checking Accounts GREEN

DEPOSITING CASH page 119 LESSON 5-1

DEPOSIT RECORDED ON A CHECK STUB page 119 LESSON 5-1

ENDORSEMENTS Blank Endorsement Special Endorsement page 120 Blank Endorsement Special Endorsement Restrictive Endorsement LESSON 5-1

COMPLETED CHECK STUB 1 2 3 4 5 6 1. Write the amount of the check. page 121 1 1. Write the amount of the check. 2 3 2. Write the date of the check. 4 3. Write to whom the check is to be paid. 4. Record the purpose of the check. 5. Write the amount of the check. 6. Calculate the new checking account balance. 5 6 LESSON 5-1

COMPLETED CHECK 7 8 9 10 11 12 7. Write the date. page 121 7 8 9 10 11 12 7. Write the date. 10. Write the amount in words. 8. Write to whom the check is to be paid. 11. Write the purpose of the check. 12. Sign the check. 9. Write the amount in figures. LESSON 5-1

RECORDING A VOIDED CHECK LESSON 5-1 2/4/2019 RECORDING A VOIDED CHECK page 122 1 3 5 2 4 1. Record the date in the Date column. 2. Write the word VOID in the Account Title column 3. Write the check number in the Doc. No. column. 4. Place a check mark in the Post. Ref. column. 5. Place a dash in both the Debit and Credit columns. LESSON 5-1 GREEN

TERMS REVIEW code of conduct checking account endorsement page 123 code of conduct checking account endorsement blank endorsement special endorsement restrictive endorsement postdated check LESSON 5-1