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Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?

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Presentation on theme: "Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?"— Presentation transcript:

1 Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?

2 Lesson Objective Content Vocabulary Write a check. checking account
A paper document directing a bank to deduct money from your checking account and make a payment to the person named on the check. checking account A deposit account held at a bank that gives you convenient access to your money. check

3 Writing a Check

4 Example 1 Write the following in word form. $65.29 $235.58 4

5 Example 1 Answer Step: Write the amounts in word form.
$65.29 in word form is $ in word form is sixty-five and 29/100 dollars Two hundred thirty-five and 58/100 dollars 5

6 Example 2 Write each amount in word form with cents expressed as a fraction of a dollar. $88.37 6

7 Example 2 Answer Step: Write the amounts in word form.
$88.37 in word form is eighty-eight and 37/100 dollars 7

8 Example 3 Write each amount in numerals as it would appear on a check.
four hundred sixty-four and 11/100 dollars $464.11 8

9 Example 4 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

10 Example 4 Answer: Step 1 Write the date. (All writing should be in pen.) 10

11 Example 4 Answer: Step 2 Write the name of the person or organization to whom payment will be made. 11

12 Example 4 Answer: Step 3 Write the amount of the check as a numeral.
12

13 Example 4 Answer: Step 4 Write the amount of the check in words with cents expressed as a fraction of a dollar. 13

14 Example 4 Answer: Step 5 Make a notation on the check to indicate its purpose. 14

15 Example 4 Answer: Step 6 Sign the check. 15

16 Figure 4.3 16


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