Chapter 5 Flashcards
1
Q
Where is the routine number?
A
The first section on the bottom of a check
2
Q
Where is the bank account number?
A
The second number on the bottom of a check
3
Q
Blank endorsement
A
Just sign your name
4
Q
Special endorsement
A
Ownership of check to a new person, “Pay to the order of (name)” then sign
5
Q
Restrictive endorsement
A
Used by a company “for deposit only to the account of (company name)” then sign
6
Q
When writing the balance on a check stub
A
Subtract!
