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Writing Checks pp. 169-171 4- 2 SECTION

Writing Checks

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SECTION. 4-2. pp. 169-171. Writing Checks. Write: a check. Section Objective. Key Words to Know. 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. check (p. 169) - PowerPoint PPT Presentation

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Writing Checks pp. 169-1714-2SECTIONSECTION

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Section ObjectiveSection ObjectiveWrite:

• a check

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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 KnowKey Words to Know

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check (p. 169)

A written order that directs a bank to deduct money from your checking account to make a payment.

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Fleet Footed Finances p. 169Fleet Footed Finances p. 169

What does it mean if you bounce a check?

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Write the following in word form.

a. $65.29

b. $235.58

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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

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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 2Example 2

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Write the date. (All writing should be in pen.)

Example 2 Answer: Example 2 Answer: Step 1Step 1

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Write the name of the person or organization to whom payment will be made.

Example 2 Answer: Example 2 Answer: Step 2Step 2

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Write the amount of the check as a numeral.

Example 2 Answer: Example 2 Answer: Step 3Step 3

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Write the amount of the check in words with cents expressed as a fraction of a dollar.

Example 2 Answer: Example 2 Answer: Step 4Step 4

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Make a notation on the check to indicate its purpose.

Example 2 Answer: Example 2 Answer: Step 5Step 5

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Sign the check.

Example 2 Answer: Example 2 Answer: Step 6Step 6

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Figure 4.3Figure 4.3

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Write each amount in word form with cents expressed as a fraction of a dollar.

$88.37

Practice 1Practice 1

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eighty-eight and 37/100 dollars dollars

Practice 1 AnswerPractice 1 Answer

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Write each amount in numerals as it would appear on a check.

four hundred sixty-four and 11/100 dollars

Practice 2Practice 2

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$464.11

Practice 2 AnswerPractice 2 Answer

Writing Checks4-2END OF SECTIONEND OF SECTION