Accounting – 10/31/19
I. Bellwork: When A Check You Wrote (Or Received) Bounces–
A. Questions & Answers
- What are two fees associated with writing bad checks?
- What does NSF stand for?
- What are 4 things you can do if you write a bad check?
- What is Michigan’s returned check fee?
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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