Writing Checks & Deposit Slips

Front

What is a check?

Back

A check is a written order directing a bank to pay a specific amount of money from a person's account to another person or entity.

Front

What is a deposit slip?

Back

A deposit slip is a form used to deposit money into a bank account, detailing the amount being deposited and the account number.

Front

Where can you find the account number on a check?

Back

At the bottom of your check.

Front

What is the purpose of writing a check?

Back

To transfer money from one bank account to another or to pay for goods and services.

Front

What information is typically found at the top of a check?

Back

The date, the name of the account holder, and the check number.

Front

What is the significance of the check number?

Back

The check number helps to identify and track individual checks for record-keeping and reconciliation.

Front

What should you do if you make a mistake while writing a check?

Back

You should void the check and write a new one.

Front

What is a withdrawal?

Back

A withdrawal is the act of taking money out of a bank account.

Front

What is a deposit?

Back

A deposit is the act of putting money into a bank account.

Front

How do you calculate the total deposit if you have multiple checks?

Back

Add the amounts of all checks and any cash received.