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Published byOlivia York Modified over 10 years ago
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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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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
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Writing a Check
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Example 1 Write the following in word form. $65.29 $235.58 4
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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
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Example 2 Write each amount in word form with cents expressed as a fraction of a dollar. $88.37 6
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Example 2 Answer Step: Write the amounts in word form.
$88.37 in word form is eighty-eight and 37/100 dollars 7
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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
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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
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Example 4 Answer: Step 1 Write the date. (All writing should be in pen.) 10
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Example 4 Answer: Step 2 Write the name of the person or organization to whom payment will be made. 11
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Example 4 Answer: Step 3 Write the amount of the check as a numeral.
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Example 4 Answer: Step 4 Write the amount of the check in words with cents expressed as a fraction of a dollar. 13
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Example 4 Answer: Step 5 Make a notation on the check to indicate its purpose. 14
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Example 4 Answer: Step 6 Sign the check. 15
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Figure 4.3 16
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