Writing Checks & Deposit Slips

Front

What is the purpose of line 'E' on a deposit slip?

Back

Total money want to keep.

Front

What is the term for putting money into the bank?

Back

Deposit.

Front

Where should you place your signature on a check?

Back

The bottom right corner.

Front

Where can you find the check number on a check?

Back

At the top of the check next to the date.

Front

If Shannon makes a deposit with checks for $178.16 and $36.00 and gets back $20.00 in cash, what is her total deposit?

Back

$194.16.

Front

What is a check?

Back

A written order directing a bank to pay a specific amount from a person's account.

Front

What is a deposit slip?

Back

A form used to deposit money into a bank account.

Front

What does it mean to withdraw money?

Back

To take money out of a bank account.

Front

What is the 'pay to the order of' line on a check?

Back

It indicates who will receive the payment.

Front

What is the difference between a check and a cash deposit?

Back

A check is a written order to pay, while a cash deposit is physical money placed into the bank.