Accounting – 11/06/17
I. Bellwork: When A Check You Wrote (Or Received) Bounces–
A. Questions & Answers
1. What are two fees associated with writing bad checks?
2. What does NSF stand for?
3. What are 4 things you can do if you write a bad check?
4. How does Michigan’s returned check fee compare to other states?
II. Objectives:
- Record a deposit on a check stub.
- Endorse checks using blank, special, and restrictive endorsements.
- Prepare a check stub and a check.
III. DiscussionNotebook
- Types of Endorsements
- Completing a Check
- Steps in Completing a Check Stub -Sequence Map
IV. Classwork
- Working Together & On Your Own (p. 128).
- Application Problem 5-1 (pg. 149).
Leave a Reply