Accounting – 11/02/18
I Bellwork: Read Article What Happens When You Put a Stop Payment on a Check?
A. Questions & Answers
- Explain under what circumstances should a stop payment be issued?
- What is the procedure for stopping payment on a check?
- Are fees associated with a stop payment and what are they?
- How long does a stop payment remain in effect?
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
- Review Steps in Completing a Check Stub
IV. Classwork
- Working Together & On Your Own (p. 128).
- Application Problem 5-1 (pg. 149).
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