Writing Checks pp SECTION

Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Section Objective Write: a check

Click to edit Master text styles Second level Third level Fourth level Fifth level 3 SECTION Copyright © Glencoe/McGraw-Hill 4-2 checking account (p. 169) A monetary account that allows the holder to write checks against money that has been deposited into it. Key Words to Know

Click to edit Master text styles Second level Third level Fourth level Fifth level 4 SECTION Copyright © Glencoe/McGraw-Hill 4-2 check (p. 169) A written order that directs a bank to deduct money from your checking account to make a payment. Key Words to Know

Click to edit Master text styles Second level Third level Fourth level Fifth level 5 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Fleet Footed Finances p. 169 What does it mean if you bounce a check?

Click to edit Master text styles Second level Third level Fourth level Fifth level 6 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write the following in word form. a. a. $65.29 b. b. $ Example 1

Click to edit Master text styles Second level Third level Fourth level Fifth level 7 SECTION Copyright © Glencoe/McGraw-Hill 4-2 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 Example 1 Answer

Click to edit Master text styles Second level Third level Fourth level Fifth level 8 SECTION Copyright © Glencoe/McGraw-Hill 4-2 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? Example 2

Click to edit Master text styles Second level Third level Fourth level Fifth level 9 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write the date. (All writing should be in pen.) Example 2 Answer: Step 1

Click to edit Master text styles Second level Third level Fourth level Fifth level 10 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write the name of the person or organization to whom payment will be made. Example 2 Answer: Step 2

Click to edit Master text styles Second level Third level Fourth level Fifth level 11 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write the amount of the check as a numeral. Example 2 Answer: Step 3

Click to edit Master text styles Second level Third level Fourth level Fifth level 12 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write the amount of the check in words with cents expressed as a fraction of a dollar. Example 2 Answer: Step 4

Click to edit Master text styles Second level Third level Fourth level Fifth level 13 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Make a notation on the check to indicate its purpose. Example 2 Answer: Step 5

Click to edit Master text styles Second level Third level Fourth level Fifth level 14 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Sign the check. Example 2 Answer: Step 6

Click to edit Master text styles Second level Third level Fourth level Fifth level 15 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Figure 4.3

Click to edit Master text styles Second level Third level Fourth level Fifth level 16 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write each amount in word form with cents expressed as a fraction of a dollar. $88.37 Practice 1

Click to edit Master text styles Second level Third level Fourth level Fifth level 17 SECTION Copyright © Glencoe/McGraw-Hill 4-2 dollars eighty-eight and 37/100 dollars Practice 1 Answer

Click to edit Master text styles Second level Third level Fourth level Fifth level 18 SECTION Copyright © Glencoe/McGraw-Hill 4-2 Write each amount in numerals as it would appear on a check. four hundred sixty-four and 11/100 dollars Practice 2

Click to edit Master text styles Second level Third level Fourth level Fifth level 19 SECTION Copyright © Glencoe/McGraw-Hill 4-2 $ Practice 2 Answer

Writing Checks 4-2 END OF SECTION