Checking Accounts
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Apply your skills of Checking Accounts to build a band of creatures!
Topics of this game:
- What could happen if you took a post-dated check?
- What could happen if you signed the back of a check before you got to the bank and lost the check?
- Your ___________ number is printed on the bottom of a check.
- What could happen if you don't balance your checkbook regularly?
- You're writing a check out to Bill Waterson for repairs. What do you write on the "Pay to the order of" line?
- To "overdraft" your account means that you...
- When you sign the back of a check, this mean you are ______________ the check.
- Just your signature in the endorsement area of a check is called a ____________ endorsement.
- When you wish to place cash or checks into a bank account, a __________ is needed.
- Bank service charges are a cost of doing business. How would one register this expense onto the books?
- Ted Smith writes you a check for services rendered totaling $125. The bank refused payment. What do we do?
- Let's say you owe $50 to Sam Smith and it just so happens you have a check made out to you for $50. Can you sign it over to him?
- You have employees deposit checks for your business and are fearful someone might try to sign them over to themselves. What can you do to stop this?
- Forging a check means someone else signs your name to falsely claim ownership of a check. How is this prevented today?
- In order to balance your bank account, this needs to be checked on a regular basis (at least monthly)
