Day 32

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 from your instructor and fill in the missing parts through the presentation.  You can also view the presentation here.

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.