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    Check Writing: All About Checks

    Uploaded by

    supermannon
    This document provides information about writing and cashing checks. It explains that checks should include the date, payee, amount in numbers, amount in words, signature, and memo. It also describes check components like routing numbers, account numbers, and check numbers. The document outlines 12 rules for checking like only writing checks with sufficient funds and recording all transactions. It concludes by describing blank, special, and restrictive endorsements for cashing checks.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    Check Writing: All About Checks

    Uploaded by

    supermannon
    586 views29 pages
    This document provides information about writing and cashing checks. It explains that checks should include the date, payee, amount in numbers, amount in words, signature, and memo. It also describes check components like routing numbers, account numbers, and check numbers. The document outlines 12 rules for checking like only writing checks with sufficient funds and recording all transactions. It concludes by describing blank, special, and restrictive endorsements for cashing checks.

    Original Description:

    How Write Check

    Original Title

    How Write Check

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    This document provides information about writing and cashing checks. It explains that checks should include the date, payee, amount in numbers, amount in words, signature, and memo. It also describes check components like routing numbers, account numbers, and check numbers. The document outlines 12 rules for checking like only writing checks with sufficient funds and recording all transactions. It concludes by describing blank, special, and restrictive endorsements for cashing checks.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    586 views29 pages

    Check Writing: All About Checks

    Uploaded by

    supermannon
    This document provides information about writing and cashing checks. It explains that checks should include the date, payee, amount in numbers, amount in words, signature, and memo. It also describes check components like routing numbers, account numbers, and check numbers. The document outlines 12 rules for checking like only writing checks with sufficient funds and recording all transactions. It concludes by describing blank, special, and restrictive endorsements for cashing checks.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 29
    At a glance
    Powered by AI
    The key takeaways are the proper way to fill out the date, payee, amount in numbers, amount in words, signature, and memo on a check.

    The main components of writing a check are the date, payee, amount in numbers, amount in words, signature, and memo.

    Some rules for writing checks properly are only writing checks when you have enough money, writing checks legibly, writing the amount as far left as possible, always using a pen, not erasing mistakes, not signing blank checks, keeping checks safe, and recording all transactions.

    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
    PAYEE:

    Write the name of the person or


    business on the line, Pay to the order of.

    Check Writing
    AMOUNT

    IN NUMBERS: Write the amount of


    the check in numbers.

    Check Writing
    AMOUNT

    IN WORDS: Write the amount of


    the check in words.

    Check Writing
    SIGNATURE:

    Sign all checks the way you


    sign the signature card.

    Check Writing
    MEMO:

    Use the memo area to note the


    reason for the check.

    Check Writing
    ROUTING

    NUMBERS: The nine-digit string of


    numbers used to identify your bank to process
    the transaction

    Check Writing
    ACCOUNT

    NUMBER: The number used to


    identify your unique account within the bank.

    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.

    Check Writing
    TRANSIT

    deposit.

    NUMBER: Used to list checks for

    Check Writing
    How to Write Checks: You should
    fill out the following 6 items.

    Check Writing
    DATE:

    Include the month, day and year you


    are writing the check.

    09/15

    06

    Check Writing
    PAYEE:

    Write the name of the person or


    business on the line, Pay to the order of.

    09/15
    Athletic Shoe Company

    06

    Check Writing
    AMOUNT

    IN NUMBERS: Write the amount of


    the check in numbers.

    09/15
    Athletic Shoe Company

    06
    55.63

    Check Writing
    AMOUNT

    IN WORDS: 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 ----------------------------------------------

    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

    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

    George
    Washington
    Doe

    Check Writing
    Check

    Register: Dont forget to balance your


    checkbook by filling out the check register.

    Check Writing
    12 Rules About Checking

    12 Rules About Checking


    Only write checks when you have
    enough money in your account.
    2) Write checks legibly.
    3) Write the check amount as far to the
    left as possible.
    4) Always use a pen to write checks.
    1)

    12 Rules About Checking


    Dont erase mistakes on a check.
    6) Dont sign blank checks.
    7) Use restrictive endorsements.
    8) Print the right date on a check.
    5)

    12 Rules About Checking


    Always keep checks in a safe place.
    10) Destroy voided or unused checks and
    deposit slips.
    11) Record every transaction in the
    checkbook register.
    12) Keep a running balance in the
    checkbook register.
    9)

    Check Writing
    How to Cash a Check

    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

    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 persons 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

    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

    Check Writing
    The End

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