Checking Accounts LESSON 5-1. 2 BUSINESS CHECKS LESSON 5-1 3 COMPLETED CHECK STUB 5.Write the amount...

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Checking Accounts LESSON 5-1

Transcript of Checking Accounts LESSON 5-1. 2 BUSINESS CHECKS LESSON 5-1 3 COMPLETED CHECK STUB 5.Write the amount...

Page 1: Checking Accounts 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.

Checking AccountsLESSON 5-1

Page 2: Checking Accounts 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.

LESSON 5-1 2

BUSINESS CHECKS

Page 3: Checking Accounts 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.

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.

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1122

33

44

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Page 4: Checking Accounts 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.

LESSON 5-1 4

COMPLETED CHECK

7. Write the date.

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9988

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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.

Page 5: Checking Accounts 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.

LESSON 5-1 5

DEPOSITING CASH page 119

Page 6: Checking Accounts 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.

LESSON 5-1 6

ENDORSEMENTS page 120

Blank EndorsementBlank Endorsement

Special EndorsementSpecial Endorsement

Restrictive EndorsementRestrictive Endorsement

Page 7: Checking Accounts 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.

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

Page 8: Checking Accounts 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.

Fill out the personal check register based on the transactions indicated. Assume starting balance is $0.

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PRACTICE