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What is a deposit slip, and what is it for?

deposit slip
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What is a deposit slip, and what is it for?

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Why are checks numbered? Why is it important to keep track of the checks written? Why is it important to balance a checking account? Why do people use checks? etc. • Using the Practice Checks Handout, demonstrate how to write a check. Show how to • Write the correct date. • Pay to the order of. • Write the amount of check. • Write the amount of check in words. • Sign the check. • Fill in the Memo if there is one. • Note the check number. • Using the Deposit Slip Handout, show to how to fill it out. • Write the correct date. • Write the amount of deposit. • Using the Checkbook Register Handout, demonstrate how to fill out a checkbook register with the check number, date, description of transaction and balance. • Provide a sample list of expenses for practice in writing checks, filling out the register and deposit slip. • Give your student many opportunities to practice. • This lesson could be followed by lessons on how to cash a check, make correct change, reconcile a bank statement, ma

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