1. SECTION 4-2 pp
Writing Checks

2. Section Objective
Write:
a check

3. Key Words to Know checking account (p. 169)
A monetary account that allows the holder to write checks against money that has been deposited into it.

4. Key Words to Know check (p. 169)
A written order that directs a bank to deduct money from your checking account to make a payment.

5. Fleet Footed Finances p. 169
What does it mean if you bounce a check?

6. Example 1
Write the following in word form.
$65.29
$235.58

7. Example 1 Answer Step: Write the amounts in word form.
$65.29 in word form is sixty-five and 29/100 dollars
$ in word form is two hundred thirty-five and 58/100 dollars

8. Example 2
Margaret Miller is buying a gift at the Department Store on March 23. The cost of the gift is $ Miller is paying by check.
How should she write the check?

9. Example 2 Answer: Step 1
Write the date. (All writing should be in pen.)

10. Example 2 Answer: Step 2
Write the name of the person or organization to whom payment will be made.

11. Example 2 Answer: Step 3
Write the amount of the check as a numeral.

12. Example 2 Answer: Step 4
Write the amount of the check in words with cents expressed as a fraction of a dollar.

13. Example 2 Answer: Step 5
Make a notation on the check to indicate its purpose.

14. Example 2 Answer: Step 6
Sign the check.

15. Figure 4.3

16. Practice 1
Write each amount in word form with cents expressed as a fraction of a dollar.
$88.37

17. Practice 1 Answer
eighty-eight and 37/100 dollars

18. Practice 2
Write each amount in numerals as it would appear on a check.
four hundred sixty-four and 11/100 dollars

19. Practice 2 Answer
$464.11

20. END OF SECTION 4-2
Writing Checks