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Principles of Business and Marketing (PBM)
Mr. Shultz
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Today’s Objectives and Bell-Ringer
TSW correctly maintain a checking account with no errors. (BUS ) Bell-Ringer Who are the three parties involved when writing a check? Where are the three parties shown on the face of a check? Why should you fill in the register before writing a check?
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Bell-Ringer Who are the three parties involved when writing a check?
Payee – to whom the check is written Drawer – writes the check Drawee – bank where the funds are held
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Bell-Ringer Where are the three parties shown on the face of a check?
Payee – after “Pay to the order of” 101 Student Name 1067 Big Bethel Road Hampton, VA 23666 Drawer – signs in lower right Drawee – printed name in lower left
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Bell-Ringer Why should you fill in the register before writing a check? Drawer could forget information Would then not have a complete record of the checks written
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Class Work Open Still Use Checks? article Complete worksheet
Complete Moneyskill Modules 11 and 12 If needed, catch up on Pre-Test and Modules first Don’t forget, you can work ahead
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Principles of Business and Marketing (PBM)
Mr. Shultz
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