Checking Accounts LESSON 5-1. 2 BUSINESS CHECKS LESSON 5-1 3 COMPLETED CHECK STUB 5.Write the amount of the check. 2.Write the date of the check. 3.Write.

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Presentation transcript:

Checking Accounts LESSON 5-1

2 BUSINESS CHECKS

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

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

LESSON DEPOSITING CASH page 119

LESSON ENDORSEMENTS page 120 Blank Endorsement Special Endorsement Restrictive Endorsement

Write out each of the following checks and fill out the check stubs.  Oct 17, 2013: Check #1001 to Home Depot for $ for Supplies  Oct 29, 2013: 1. Deposited $ from Sales 2. Check #1002 to Bob Jones for $1, for Rent Expense  Oct 30, 2013: Check #1003 to Cablevision for Phone and Internet Expense LESSON PRACTICE

Fill out the personal check register based on the transactions indicated. Assume starting balance is $0. LESSON PRACTICE