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Working With Checking and Savings Accounts - The Homer Fund

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Writing a Check<br />

If you have a checking account, you can write checks. Checks<br />

are used for paying bills <strong>and</strong> making purchases when you do not<br />

want to use cash. Checks allow you to use the money in your<br />

account to pay for things without having to withdraw cash.<br />

Sylvia Howard<br />

123 Any Street<br />

Anytown, USA 12345<br />

Date___________________<br />

Pay to the<br />

order of__________________________________________________$<br />

Carletta Stevens<br />

4<br />

1<br />

11/19/01<br />

123<br />

00-123/100<br />

2 3<br />

Twenty-four & 33 /100 –––––––––––––––––––––––<br />

24.33<br />

__________________________________________________________________Dollars<br />

Study Objectives<br />

Underline/highlight the<br />

answers to these questions<br />

as you read:<br />

1. What are checks used<br />

for?<br />

2. How do you write a<br />

check?<br />

3. What is forgery?<br />

4. What are some ways to<br />

prevent forgery?<br />

6<br />

Babysitting<br />

For_______________________________<br />

5<br />

Sylvia Howard<br />

___________________________________<br />

:123456789: 0123456789 || 0123<br />

1. Write the date.<br />

2. Write the name of the person or company you are paying.<br />

3. Enter the dollar amount of the check in numbers (e.g., $24.33).<br />

4. Write out the dollar amount of the check in words. Follow the dollar amount with<br />

the number of cents written as a fraction over 100. If there are no cents, you can<br />

write 00/100. Draw a line from the end of your writing to the end of the line so that<br />

there is no room for anyone to insert words or numbers.<br />

5. Sign your check the same way you signed your signature card.<br />

6. Write the purpose of the check. If you are paying a bill, you may also want to write<br />

your account or invoice number here.<br />

7. If you make a mistake writing a check, you may need to write a new one. In this<br />

situation, write VOID in large letters across the incorrect check to ensure that no<br />

one can cash it. <strong>The</strong>n tear it up <strong>and</strong> throw it into the garbage.<br />

7<br />

Sylvia Howard<br />

123 Any Street<br />

Anytown, USA 12345<br />

Date___________________<br />

Pay to the<br />

order of__________________________________________________$<br />

123<br />

00-123/100<br />

––– VOID –––<br />

__________________________________________________________________Dollars<br />

For_______________________________<br />

___________________________________<br />

:123456789: 0123456789 || 0123<br />

13

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