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Writing Checks pp. 169-171 4-2 SECTION. Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill.

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Presentation on theme: "Writing Checks pp. 169-171 4-2 SECTION. Click to edit Master text styles Second level Third level Fourth level Fifth level 2 SECTION Copyright © Glencoe/McGraw-Hill."— Presentation transcript:

1 Writing Checks pp. 169-171 4-2 SECTION

2 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

3 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

4 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

5 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?

6 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. $235.58 Example 1

7 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 $235.58 in word form is two hundred thirty- five and 58/100 dollars Example 1 Answer

8 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 $45.78. Miller is paying by check. How should she write the check? Example 2

9 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

10 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

11 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

12 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

13 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

14 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

15 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

16 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

17 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

18 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

19 Click to edit Master text styles Second level Third level Fourth level Fifth level 19 SECTION Copyright © Glencoe/McGraw-Hill 4-2 $464.11 Practice 2 Answer

20 Writing Checks 4-2 END OF SECTION


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