Interpret and Label Checks

Identify what goes in space 1 on a check. Choose the BEST answer.

• your name

• the date

Identify what goes in space 2 on a check. Choose the BEST answer.

• The name of the person or organization that the check is going to.

• The name of the bank where the money will come from.

Identify what goes in space 3 on a check. Choose the BEST answer.

• The amount of the check written out in word form.

• The amount of the check written out in numerical form.

Identify what goes in space 4 on a check. Choose the BEST answer.

• The amount of the check written out in word form & number form.

• The amount of the check written out in word form closest to the left side of the line.

Identify what goes in space 5 on a check. Choose the BEST form for the answer.

• signature

• what the check is written for

What is it called when you sign the back of the check before depositing or cashing a check?

• deposit

• endorsing/endorsement

• withdrawing/withdrawal

• cashing in

Why would a check have "void" written on it?

• to void a check means that the check can only be deposited.

• to void a check means that the check cannot be used, deposited, or cashed.

• to help the banks read who the check is written to.

• It's the bank tellers name.

This is the part of a check that people write a short note to themselves about the purpose for the check.

• signature line

• memo

• date

• Pay to the Order Of

What is number 1?

• Payor (owner of the check)

• Payee (who is being paid)

• Date

• Amount

What is labeled 2?

• Date

• Payor (owner of the check)

• Payee (who is being paid)

• Signature