Accounting – 11/02/18

  I  Bellwork:  Read Article What Happens When You Put a Stop Payment on a Check?

A.    Questions & Answers

  1. Explain under what circumstances should a stop payment be issued?
  2. What is the procedure for stopping payment on a check?
  3. Are fees associated with a stop payment and what are they?
  4. 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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