lesson 5-1
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LESSON 5-1. Checking Accounts. DEPOSITING CASH. page 119. DEPOSIT RECORDED ON A CHECK STUB. page 119. Blank Endorsement. Special Endorsement. Restrictive Endorsement. ENDORSEMENTS. page 120. COMPLETED CHECK STUB. page 121. 1. 1.Write the amount of the check. 2. 3. - PowerPoint PPT PresentationTRANSCRIPT
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
LESSON 5-1LESSON 5-1
Checking Accounts
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
DEPOSITING CASHDEPOSITING CASH page 119
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
DEPOSIT RECORDED ON DEPOSIT RECORDED ON A CHECK STUBA CHECK STUB page 119
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
ENDORSEMENTSENDORSEMENTS page 120
Blank EndorsementBlank Endorsement
Special EndorsementSpecial Endorsement
Restrictive EndorsementRestrictive Endorsement
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
5. Write the amount of the check.
2. Write the date of the check.
3. Write to whom the check is to be paid.
4. Record the purpose of the check.
1. Write the amount of the check.
6. Calculate the new checking account balance.
COMPLETED CHECK STUBCOMPLETED CHECK STUB page 121
1122
33
44
5566
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
COMPLETED CHECKCOMPLETED CHECK
7. Write the date.
page 121
1111 1212
1010
9988
77
10. Write the amount in words.
8. Write to whom the check is to be paid.
9. Write the amount in figures.
11. Write the purpose of the check.
12. Sign the check.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
1. Record the date.
2. Write the word VOID in the Account Title column
3. Write the check number.
4. Place a check mark in the Post. Ref. column.
5. Place a dash in the Cash Credit column.
RECORDING A VOIDED CHECKRECORDING A VOIDED CHECK page 122
1122
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CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning
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LESSON 5-1
TERMS REVIEWTERMS REVIEW
code of conduct checking account endorsement blank endorsement special endorsement restrictive endorsement postdated check
page 123