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Check Writing

Check Writing. All About Checks. Check Writing. Checks include the following information:. Check Writing. DATE: Include the month, day and year you are writing the check. Check Writing. DATE: Include the month, day and year you are writing the check. 09/15 06. Check Writing.

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Check Writing

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  1. Check Writing All About Checks

  2. Check Writing • Checks include the following information:

  3. Check Writing • DATE: Include the month, day and year you are writing the check.

  4. Check Writing • DATE: Include the month, day and year you are writing the check. 09/15 06

  5. Check Writing • PAYEE: Write the name of the person or business on the line, “Pay to the order of.” 09/15 06

  6. Check Writing • PAYEE: Write the name of the person or business on the line, “Pay to the order of.” 09/15 06 Athletic Shoe Company

  7. Check Writing • AMOUNT IN NUMBERS: Write the amount of the check in numbers. 09/15 06 Athletic Shoe Company

  8. Check Writing • AMOUNT IN NUMBERS: Write the amount of the check in numbers. 09/15 06 Athletic Shoe Company 55.63

  9. Check Writing • AMOUNT LINE: Write the amount of the check in words. 09/15 06 Athletic Shoe Company 55.63

  10. Check Writing • AMOUNT LINE: Write the amount in words. Start at the left, write any cents as a fraction, and draw a line in the extra space. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ----------------------------------------------

  11. Check Writing • SIGNATURE LINE: Sign all checks the way you sign the signature card. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ----------------------------------------------

  12. Check Writing • SIGNATURE: Sign all checks the way you sign the signature card. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- George Washington Doe

  13. Check Writing • MEMO: Use the memo area to note the reason for the check. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- GeorgeWashington Doe

  14. Check Writing • MEMO: Use the memo area to note the reason for the check. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  15. Check Writing • ROUTING NUMBERS: The nine-digit string of numbers used to identify your bank to process the transaction 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  16. Check Writing • ACCOUNT NUMBER: The number used to identify your unique account within the bank. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  17. Check Writing • CHECK NUMBER: The number used to identify a specific check within the sequence of the register. It usually includes 3 or 4 digits. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  18. Check Writing • TRANSIT NUMBER: Used to list checks for deposit. 09/15 06 Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  19. Check Writing • VOID: You write this on your check when you have made a mistake and you are not going to use it. 09/15 06 VOID Athletic Shoe Company 55.63 Fifty-Five and 63/100 ---------------------------------------------- Running Shoes GeorgeWashington Doe

  20. Check Register • Check Register: Don’t forget to balance your checkbook by filling out the check register.

  21. Check Register • Balance Forward: In the Check Register, it is the balance, or the amount at the top of a new page.

  22. Check Register • Debit: When you take money out of your account by withdrawing, writing a check, or using an ATM

  23. Check Register • Deposit / Credit: When you put money into your account.

  24. 12 Rules about Checking 12 Rules About Checking

  25. 12 Rules About Checking • Only write checks when you have enough money in your account. • Write checks legibly. • Write the check amount as far to the left as possible. • Always use a pen to write checks.

  26. 12 Rules About Checking • Don’t erase mistakes on a check. • Don’t sign blank checks. • Use restrictive endorsements. • Print the right date on a check.

  27. 12 Rules About Checking • Always keep checks in a safe place. • Destroy voided or unused checks and deposit slips. • Record every transaction in the checkbook register. • Keep a running balance in the checkbook register.

  28. How to cash a check

  29. How to Cash a Check • BLANK ENDORSEMENT: Sign your name the same way it is written on the front of the check. George W. Doe

  30. How to Cash a Check • SPECIAL ENDORSEMENT: Do this when you want to give someone else the money. Write “pay to the order of” and that person’s name. Then sign it. Now that person is the only one that can cash the check. Pay to the order of William J. Doe George W. Doe

  31. How to Cash a Check • RESTRICTIVE: When you want your check to be very safe, like when you send it by mail to your bank, use this type of endorsement. Then , it can only be deposited into your account. For Deposit Only George W. Doe

  32. Check Writing The End

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