Checking Accounts LESSON 5-1. 2 BUSINESS CHECKS LESSON 5-1 3 COMPLETED CHECK STUB 5.Write the amount...
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Transcript of Checking Accounts LESSON 5-1. 2 BUSINESS CHECKS LESSON 5-1 3 COMPLETED CHECK STUB 5.Write the amount...
Checking AccountsLESSON 5-1
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 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 121
1122
33
44
5566
LESSON 5-1 4
COMPLETED CHECK
7. Write the date.
page 121
1111 1212
1010
9988
77
10. 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 5-1 5
DEPOSITING CASH page 119
LESSON 5-1 6
ENDORSEMENTS page 120
Blank EndorsementBlank Endorsement
Special EndorsementSpecial Endorsement
Restrictive EndorsementRestrictive Endorsement
Write out each of the following checks and fill out the check stubs.
Oct 17, 2013: Check #1001 to Home Depot for $567.85 for SuppliesOct 29, 2013: 1. Deposited $1345.50 from Sales2. Check #1002 to Bob Jones for $1,250.00 for Rent ExpenseOct 30, 2013: Check #1003 to Cablevision for Phone and Internet Expense
LESSON 5-1 7
PRACTICE
Fill out the personal check register based on the transactions indicated. Assume starting balance is $0.
LESSON 5-1 8
PRACTICE