Day 67

Lesson Objectives

  • Describe three main types of endorsements.
  • Describe proper check-writing procedures.
  • Explain the bank reconciliation process.
  • Identify other payment methods.
  • Define the important terms related to a checking account
  • Demonstrate how to complete a check register, check, deposit slip, and reconcile a bank statement

Notes 2-1

  1. Obtain a Notes 2-1 Handout (Espanol) from your instructor and fill in the missing parts through the presentation.  You can also view the Notes 2-1 Presentation (Espanol).

Assignment BAU2.1

  1. Inside of your Banking Unit folder, create a new folder titled Lesson 2.  All your tasks completed in Lesson 2 should be stored in this folder.

Assignment BAU2.2

  1. Define each of the vocabulary terms related to a check by completing this task.  Utilize online resources to identify the definition for each term given.    
  2. Using an online resource, identify each part of a check by completing this link.
  3. Obtain a copy of the How to Manage Your Checking Account activity from your teacher and utilize the instructions, your notes, and your textbook to complete it.