LESSON 5 1 Checking Accounts CENTURY 21 ACCOUNTING

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LESSON 5 -1 Checking Accounts CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

LESSON 5 -1 Checking Accounts CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning

2 DEPOSITING CASH CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 119 LESSON

2 DEPOSITING CASH CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning page 119 LESSON 5 -1

3 DEPOSIT RECORDED ON A CHECK STUB page 119 CENTURY 21 ACCOUNTING © 2009

3 DEPOSIT RECORDED ON A CHECK STUB page 119 CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5 -1

4 ENDORSEMENTS page 120 Blank Endorsement Special Endorsement Restrictive Endorsement CENTURY 21 ACCOUNTING ©

4 ENDORSEMENTS page 120 Blank Endorsement Special Endorsement Restrictive Endorsement CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5 -1

5 COMPLETED CHECK STUB 1 2 page 121 1. Write the amount of the

5 COMPLETED CHECK STUB 1 2 page 121 1. Write the amount of the check. 3 2. Write the date of the check. 4 3. Write to whom the check is to be paid. 4. Record the purpose of the check. 5. Write the amount of the check. 6 5 6. Calculate the new checking account balance. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5 -1

6 COMPLETED CHECK page 121 7 8 9 10 11 7. Write the date.

6 COMPLETED CHECK page 121 7 8 9 10 11 7. Write the date. 8. Write to whom the check is to be paid. 9. Write the amount in figures. 12 10. Write the amount in words. 11. Write the purpose of the check. 12. Sign the check. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5 -1

7 RECORDING A VOIDED CHECK 1 3 2 1. 2. 3. 4. 5. page

7 RECORDING A VOIDED CHECK 1 3 2 1. 2. 3. 4. 5. page 122 4 Record the date in the Date column. Write the word VOID in the Account Title column Write the check number in the Doc. No. column. Place a check mark in the Post. Ref. column. Place a dash in both the Debit and Credit columns. CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 5 LESSON 5 -1

8 TERMS REVIEW n n n n page 123 code of conduct checking account

8 TERMS REVIEW n n n n page 123 code of conduct checking account endorsement blank endorsement special endorsement restrictive endorsement postdated check CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5 -1