FABM Week 8 - Bank Accounts, Transactions and Documents

NAME: TEACHER:
STRAND AND SECTION: DATE:
Fundamentals of Accountancy, Business

and Management 2 - Grade 12- Quarter 1, Week 8
IDENTIFYING DIFFERENT TYPES OF BANK ACCOUNTS NORMALLY

MAINTAINED BY A BUSINESS
BACKGROUND INFORMATION FOR LEARNERS
In this learning activity sheet, we are going to learn the different types of bank accounts
used in a business. Normally, a bank account represents funds entrusted by a depositor or
a business owner to a bank for safekeeping. There are three basic types of bank accounts
are:
TYPES OF BANK ACCOUNTS
1. Savings Account is a bank account that earns a

modest interest rate and is intended to encourage
savings. A savings is normally evidenced by a
“passbook”.
The passbook shows the depositor’s deposits
and withdrawals, the amount of interest earned by the
deposit, and the balance of the account.
The depositor may also opt to receive an automatic
teller machine (ATM) card either in lieu of a passbook
or together with a passbook. An ATM Card is a plastic
card, can be used as a debit card, meaning you can
use it to pay electronically. An interest on savings
deposit is accrued daily, based on the end of day
balance, but is reflected on the account at the end of
every quarter.
2. Current or Checking Account is a bank account

wherein the depositor can write checks.
R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 113

A check is an instrument that orders a bank (drawee) to pay the person named on the
check or the bearer thereof (payee) a definite amount of money from the drawer’s bank
account. A current or checking account can be either of the following:
a. Basic Check Account – usually do not pay interests; or
b. Interest-Bearing Checking Account – pays interest just like a savings account.
1. Time Deposit (Certificate of Deposit or Term

Deposit) refers to an interest-bearing fund
maintained at a bank for a fixed period such as
30 days, 60 days, 90 days, etc. A time deposit
is similar to a savings account, but it earns a
higher interest rate. Moreover, a time deposit is
denominated in fixed amounts and, normally,
cannot be withdrawn until its maturity date. A
Time Deposit is evidenced by a certificate of
Deposit.
OTHER TYPES OF BANK ACCOUNTS
2. Dollar Account and Other Foreign Currency

Accounts is a dollar currency that allows the
business to withdraw in peso or dollar, opting to
cash out in the currency with the better
exchange rate.
Most foreign currency bank accounts in the Philippines come with a passbook and are
typically available in the following currencies:
• Australian Dollar • Chinese Yuan

• British Pound • Euro
• Canadian Dollar • Hong Kong Dollar
• Japanese Yen • US Dollar
• Singapore Dollar
3. Joint Account is used whether to open an individual account or a joint account. Business
partners, associations, and couples commonly use a joint account for convenience and
transparency in managing their shared income and expenses. Held under more than one

name, joint bank accounts can be a savings account, a checking account, or a time
deposit. Joint accounts come in two types: joint “and” and joint “or” accounts. A joint “and”
account needs the signature of both account holders for withdrawals. On the other hand,
a joint “or” account allows co-owners to withdraw anytime without the other person’s
signature.
4. Money Market Accounts are considered a cross between a savings and checking
account. Banks typically offer a higher interest rate on money market accounts than on
savings accounts and can also give limited monthly access to money via checks and a
debit card.
LEARNING COMPETENCY
Identifying the types of bank accounts normally maintained by a business.

(ABM_FABM12-IIc-5)
ACTIVITIES
ACTIVITY 1: FILL IN THE BLANKS

Direction: Supply the correct missing word in each sentence by writing it on the space
provided.
1. The bank account that earns moderate interest rate and promotes saving is called
.
2. Basic Check Account is usually pay interests.
3. Time deposit is similar to a savings account, but it earns interest rate.
4. The passbook shows the balance of an account, while a/an is a
plastic card that can be used as a debit card.
5. An is reflected on the account at the end of every quarter in a saving
deposit.
ACTIVITY 2: TRUE OR FALSE

Direction: Write True if the statement is correct and False if the statement is incorrect.
1. Certificate of Deposit or Term Deposit refers to an interest-bearing fund maintained at

a bank for a variable period of time.
2. A time deposit is denominated in fixed amounts and, normally, cannot be withdrawn
until its deposit date.
3. Just like saving accounts, Interest-Bearing Checking Account also pays interest.
4. An interest on savings deposit is accrued monthly.
5. A check is an instrument that orders a bank (payee) to pay the person named on the
check or the bearer thereof (drawee).

ACTIVITY 3: COMPARE AND CONTRAST
On your answer sheet, draw a Venn diagram, compare and contrast
SAVINGS ACCOUNT and CHECKING ACCOUNT. How are they alike? How are
they different? Give at least 2 similarities and 2 differences.
SAVINGS ACCOUNT CHECKING ACCOUNT
LET’S LEVEL UP
Word Puzzle: Locate the words that are best described in each statement given
below.
M O N E Y M A R K E T A C C O U N T S T
P O W E R T A E G T C O H V T F U V G I
E W G H S E S C I I H U P H G H Y Y F S
R F G R T R D K G S E H E Q F G H G G O
U A D T A R O H Z E M A R K E T Y C H P
H Y Y T E O O U C E A Z A R E X U I P E
O F R Y B U S I N E S S Y Y C V G O O D
J E R S F Y U K G R T U O U R G T S G E
O U S S F H D U N G F Y I L K J G D B M
E A F G G T N U O C C A R A L L O D E I
P P R D G T N U O C C A S G N I V A S T
Hint:
1. This is the bank account that earns moderate interest rate and promotes saving.
2. Savings is normally evidenced by this type of document.

3. This is considered cross between a savings and checking account.
4. It is an interest-bearing fund maintained at banks for a fixed period of time.
5. Allows the business to withdraw in peso or dollar, opted to cash out in the
currency with the better exchange rate.
REFLECTION
Congratulations! You have completed the lessons successfully. Before going to the
next learning activity, reflect on the activities you have done.
I learned
A question I have is
I’m not sure
I realized
REFERENCES
Durana, Merlita M. Fundamentals of Accountancy Business, and Management 2. Makati City:

Diwa Learning System INC. 2017
Millan and Ferrer, Fundamentals of Accountancy, Business & Management 2 (2019),
Philippines: Bandolin Enterprise
Online References:
https://www.balikbayad.ph/blog/different-types-of-bank-accounts-in-the-philippines/
https://www.ramseysolutions.com/banking/types-of-bank-accounts

ANSWER KEY
Prepared by:
MA. CEAZARE D. BARNUEVO
SHS – ABM
Cotmon National High School

NAME: TEACHER:
Fundamentals of Accountancy, Business

and Management 2 - Grade 12- Quarter 1, Week 8B
PREPARING BANK DEPOSIT AND WITHDRAWAL SLIPS
In the previous lesson, you learned the different types of bank accounts, the
importance or advantage of maintaining a bank account, and how to create or open
an account with any of our preferred banks.
In this learner’s packet, you will learn the basics of preparing bank deposit
slips and withdrawal slips.
A withdrawal slip and deposit slip are written orders to the bank. These slips
are used to take out money or to put in money to the depositors account. When
validated, these slips serve as records of bank transaction between the account holder
and the bank where the account is held.
Similar to a purchase order, an invoice, or an official receipt, deposit slips and

withdrawal slips require several necessary information that the account holder
provides before it can be validated and acted upon by the bank employees:
RO_FABM2_Grade 12_Q1_WK8_LP13 119

Deposit Slip
The bank provides deposit slip that the account holder will fill up every time he
will put in money to his account. The usually required information in a deposit slip are:
• Account Number – this is a unique identifier • Account Name – complete name of the
of the account maintained by the holder. This depositor as indicated in the records of the
is usually indicated alongside the account bank. If the account holder has a passbook, it
name in a passbook or the ATM card is indicated on first page inside the passbook.
although some banks place the account If the account holder has only an ATM card, it
number separately or at the back part of the is printed or otherwise embossed on the front
ATM card. face of the card.
• Type of Account – choose • Currency – Ph Peso is the default currency • Date – the date
between savings or a as foreign currency will only apply if one has a of the
current/checking account. foreign currency account. transaction
• Deposit Amount – the amount that the depositor desires to put into his account. Deposits
may be in the form of cash or check. If it is a cash deposit, the depositor will indicate the
number of 1000-peso bills, 500-peso bills, 100-peso bills, etc. and its sum. If it is a check
deposit, the details of the checks are indicated in the deposit slip: Issuing Bank, Branch or
Address of the Issuing Bank, the Check Number, and of course, the Amount. Deposits may
be a combination of cash and check. However, while some banks allow a depositor to
combine entries in one deposit slip, other banks require separate form be filled out for cash
deposits and another for check deposits.

Withdrawal Slip
The withdrawal slip is a form that an account holder fills in with the necessary
information for the bank to process. Without a withdrawal slip, the bank will not allow you to
get money from your account. The required information in the withdrawal slip are:
• Account Number – this is a unique identifier • Account Name – complete name of the
of the account maintained by the holder. This depositor as indicated in the records of
is usually indicated alongside the account the bank. If the account holder has a pass
name in a passbook or the ATM card although book, it is indicated on first page inside
some banks place the account number the passbook. If the account holder has
separately or at the back part of the ATM only an ATM card, it is printed or
card. otherwise embossed on the front face of
the card.
• Amount to be Withdrawn – Banks require the • Currency – the currency the account holder
amount to be written in words and figures. desires to draw from the bank.
• Signature of the Account Holder –The signature is a proof that the account holder is authorizing
the bank to get money from his account. Usually, the bank compares the signature in the withdrawal
slip against the signature in the bank records submitted during the opening of the account. During
instances when the account holder cannot personally attend to the withdrawal of funds, he may
authorize a representative by indicating the name of the representative in the space provided and
where the representative signs off. There is a need for the representative to bring a valid
identification card upon withdrawal otherwise the bank will not recognize or approve of the
authorization.
• Payment Receipt – Account Holder or the representative’s signature. This signifies the satisfactory
receipt of the total amount withdrawn by the account holder or the authorized representative.
• Cash Breakdown –Account holder may specify cash denominations if he so desires, and this feature is
especially convenient for those who require it. Otherwise, the bank teller will decide for him.

If the account has no passbook issued and only utilizes an ATM card for transactions,
a withdrawal slip would not be necessary as the transaction can be easily facilitated in any
ATM station. However, a minimal convenience or transaction fee is imposed for transactions
using ATM stations of a bank other than where the account holder holds account with. The
ATM would release a printout detailing the transaction, a record of which is also kept by the
bank. A more fastidious account holder can and may request a copy of his transactions with
the bank during a given period for his reference. Some banks require payment of a nominal
amount for this service.
Account holders who desire to deposit daily, perhaps to keep a daily sales record or
even for security purposes (businessmen usually deposit their cash sales after closing shop.
Some businesses have a given cutoff time to deposit their daily sales collections) do not need
to go after the banking hours. The ATM provides a convenient way of making deposits even
on off-hours or at whatever time the account holder thinks to make a deposit. A bank deposit
slip printed on an envelope is filled up in the same manner as that of the regular bank deposit
slip and the money is sealed inside the envelope after duly filling-up the slip. The envelope is
then entered into a slot in the ATM when prompted following entry of pertinent details during
the course of the transaction. Currently, only bills and not coins are accepted in this mode of
transaction. The ATM records the transaction but the amount will only be credited the following
day when two or more personnel of the bank opens the envelope, ensures that the amount
inside the envelope matches the entries on the deposit slip, and then validates the transaction.
Additional Note:
Validated deposit or withdrawal slips contain machine imprint with the date and time
stamp of the transaction including bank code for where the transaction was consummated.

The deposit or withdrawal slips are sometimes color coded by the banks for the
convenience of its account holders. The slips are usually filled out in duplicates, some banks
in triplicates.
While some banks employ guards that provide the account holder with the deposit or
withdrawal slips upon entry, together with a queue number, others have automated queuing
systems that require you to input into the machine the transaction you will be needing. After
giving out the details, the machine assigns the account holder a number in the queue where
you wait for the number to be called or otherwise flashed in the monitor usually placed facing
the bank client’s seats. Only then will the transaction be entertained. When there are not so
many clients present during any given part of the day, banks waive this protocol, and the
account holder may go directly to the teller to present the slips for the transaction.

Preferred clients who are withdrawing a large amount of cash have the option of
requesting the bank to deliver to the account holder’s preferred location the cash in an armored
vehicle. Preferred clients can also get a waiver on the banking hours, entering the bank before
business hours or even after the regular banking hours.
LEARNING COMPETENCY
Prepare bank deposit and withdrawal slips. (ABM_FABM12-IIc-7)
ACTIVITIES
ACTIVITY 1. TOTAL RECALL!
DIRECTION: Identify the necessary information in filling in the bank deposit/withdrawal slips as
described in each of the following:
1. The complete name of the depositor that is reflected in the records of the bank.
2. The unique identifier of the account maintained by the holder.
3. Date of Deposit – the date of the transaction
4. Typically, a choice between a savings or a current/checking account.
5. Ph Peso is the default currency as foreign currency will only apply if one has a foreign
currency account.
6. Written in both words and in figures.

ACTIVITY 2. SANA ALL!
At the conclusion of the academic year, Lourie Dimagiba achieved High Honors mark
for her scholastic performance. For this accomplishment, both of her father and mother gave
her one thousand pesos. Her kuya who just recently gained employment also chipped in 600
while her ate who is also a student like her gave 45 pesos. Her favorite aunt who works at a
bank in Legazpi City also gave her a check (B #564832) for 500. She decided to deposit the
amount in her bank account and determined that she would try to duplicate the feat next year
so that she would have the opportunity to receive cash gifts from her family again. Help
Lourie out by filling in the bank deposit slip for her. Her account number with the bank is 05-
111689-340.

ACTIVITY 3. BREAK IT DOWN!
The principal of BANUANG SUTIL HIGH SCHOOL hired laborers to construct a portion
of the school fence. She hired a skilled mason for 600/day and 2 laborers for 400/day. At the
end of the 6-day week, he will need to pay them for their work plus reimburse a laborer for the
197 pesos he is owed for supplying a portion of the materials they needed for the fence and
the 25 pesos tricycle fare.
Determine the bill breakdown that the principal will need to indicate in the withdrawal
slip to enable her to pay off each of the workers the required amount. Assume account number
is 05-111689-340 and date is August 2, 2021.

LET’S LEVEL UP
DIRECTIONS: Read the situation below and perform what is asked for.
You have been saving 20 pesos a day since January 1, 2021 in your coin bank as part
of your New Year’s Resolution. On June 30, 2021 you were able to attend a financial literacy
webinar where you learned that saving in a bank is a better choice than saving money in a
coin bank because the deposited money earns an interest. This convinced you to finally save
money in a bank. Thus, on July 1, 2021, you decided to deposit your savings worth Php 3,620
in a bank. But before you can deposit money, you need to fill out a deposit slip.
Using the form below, prepare a deposit slip.

REFLECTION
Congratulations! You have completed the lesson successfully. Rate yourself on how well you
understand the lesson. Please put a check (/) in the appropriate emoticons below.
PARAMETERS
1. I can prepare a bank deposit slip.
2. I can prepare a bank withdrawal slip.
3. I can assist anyone fill out a bank slip.
REFERENCES
Florendo, Joselito G., et. al., Teaching Guide for Senior High School FUNDAMENTALS OF
ACCOUNTANCY, BUSINESS, AND MANAGEMENT 2, Commission on Higher Education,
2016

ANSWER KEY

NAME: TEACHER:
Fundamentals Of Accountancy, Business

and Management 2 - Grade 12- Quarter 1, Week 9
IDENTIFYING AND PREPARING CHECKS
A check is a written, dated, and signed instrument that directs a bank to pay a specific
sum of money to the bearer. Checks may be cashed or deposited. When the payee presents
a check to a bank or other financial institution to negotiate, the funds are drawn from the
payor's bank account.
Checks received as payment from another person entitles the holder to demand
payment from the drawee bank in the check. The dates in the check often indicate the date
when the check can be cashed or deposited in the bank.
Before the check can be converted to cash, it should first meet the following criteria:
a) The check must be received from the customer on or before the balance sheet
date; and
b) The check is dated on or before the balance sheet date.
KINDS OF CHECKS:
1. CUSTOMER’S CHECKS
These are checks received from the customers. These are usually issued as
payment for the inventories and services that they have received from the entity.
https://www.eastwestbanker.com/info/check-deposit-user-guide.asp?mode=d

2. Traveler’s Checks
This is a kind of check with security features. Upon receipt of a traveler’s check,
the payee should immediately sign the traveler’s check. Before the payee can make
use of such a check, the payee must sign the same check again.
This will prevent unauthorized use of the traveler’s check and become helpful
in cases the check is lost or stolen after the first signature was made. The holder of the
lost or stolen traveler’s check will not be able to use it because he or she cannot easily
copy the signature of the original payee.
3. MANAGER’S CHECK
This is a check issued by the bank manager. This is a guarantee by the bank
that the holder of the check has the necessary funds deposited in their financial
institution.
4. CASHIER’S CHECK
This is a check issued by the bank cashier. Like the manager’s check, a cashier
check guarantees that a certain amount has been deposited to the bank.
https://marketbusinessnews.com/financial-glossary/cashiers-check/
5. COMPANY’S UNDELIVERED CHECKS

These are checks prepared by the company that will be delivered to corporate
creditors and suppliers. As long as the checks are not yet delivered to creditors or
suppliers, the amounts indicated in the checks are still considered as part of the cash
balance of the issuing company.

6. COMPANY’S POSTDATED CHECKS
This is a company check already delivered to the payee, but it cannot be
encashed or deposited yet because the date indicated in the check has not yet arrived.
If the check dated October 11, 2017 was issued on September 30, 2018, the said check
is post-dated.
Since the payee or creditor still cannot deposit or encash the check, the check’s
value remains part of the cash balance of the issuing company
FUTURE
https://www.bankexamstoday.com/2015/01/various-types-of-cheques.html
7. COMPANY’S STALE CHECKS
These are checks issued by the company to the suppliers and creditors and
not encashed on time. Payees like suppliers and creditors are often given six months
from the date of the check to encash it.
If the checks are not yet encashed after the month period, then the checks will
be considered stale and no longer be accepted by the bank.
However, the liability of the company to the creditors will still remain. The
creditor will just request for another check from the company as a replacement.
As long as the replacement check has not yet been issued, the amount
indicated in the company’s stale check will still be as part of the company’s cash
balance. This is due to the fact that the company still maintains control over the
amount.

8. CROSSED CHEQUES - two lines are made on the top right of the cheque. Amount
mentioned on the cheque is only transferred to the bank account of the payee. No cash
payment is made.
HOW TO WRITE A CHECK:
Writing a check for the first time can be a challenge... but it doesn't need to be! All you need
is your checkbook, a pen and your checkbook register. Here is how you can write a check in
just a few, quick steps:

Illustrative example:
Ethan L. Mortiz, a young lawyer, Began the practice of law and opened the Mortiz Law Office
on March 1, 2020. March 2,2020 Purchased and paid Php 2,500 office supplies from Luckiest
Educational supply. Prepare check payment.
LEARNING COMPETENCY
Identify and prepare checks (ABM_FABM12- IIc-8)
ACTIVITIES
ACTIVITY 1: CHECK IN THE PUZZLE

Direction: Read each statement on the right side of the puzzle board, and then write the word
described on the appropriate box.
Across:
1. Check issued by the bank cashier
2. It is a check already delivered to the payee, but the date
indicated in the check has not yet arrived
3. It is a check issued by the bank manager
6. Checks already delivered to the creditors and suppliers but not
cashed on time
Down:
1. Type of check receive by the company from their client
2. The person receives the check payment
4. This is the information written in the middle of the
check
5. It is written on the upper right corner of a check

ACTIVITY 2: CHECK… IS IT RIGHT?
Directions: Prepare a check for every transaction given below. (note: if a printer is available,
you can take a picture of the sample check and then print it. Or you can access the link
https://www.template.net/business/word-templates/blank-check-template/ to download
templates in preparing bank checks. If you don’t have a printer, just draw the check in a bond
paper and then fill up the needed information in each part of the check.
Given:
Ethan L. Mortiz, a young lawyer, Began the practice of law and open the Mortiz Law Office
on March 1, 2020, and some of the transactions are as follows:
1) On March 10, 2020; Mortiz law office paid insurance premiums worth Php 5,500 to
Moonlight Insurance.
2) On March 15, the company paid the salary of the secretary Adeline G. Ken, amounting to
Php 10,000.
Answer the question:
You are expecting a check payment from a creditor, you are given a chance to choose
the type of check whether personal/customer’s check or manager’s Check. Which of these
will you prefer? Why? (Explain in at least 3 sentences)
ACTIVITY 3: MAKE YOUR OWN CHECK

Imagine yourself as a young entrepreneur 5 years from now. You are now the owner
of a fast-growing business. Of course, you are engaged with several business transactions
that require check payment.
Task:
1. Design your own check, either through drawing or through the template that can
be found in the link below. https://www.template.net/business/word-
templates/blank-check-template/ .
2. Think of at least two (2) sample transactions that require check payment. Include
information about date, amount and payee. And, then prepare the check with
complete information.

RUBRICS:
Criteria Excellent (15 pts) Very good (12 pts) Good (10 pts)
Content (90%) Thorough and Complete Shows some
insightful understanding of the understanding of the
understanding of the parts of a check parts of a check
parts of a check
Neatness & Check is presented in Check is presented Check is presented in
Organization a neat and organized in a neat and a neat but
(10%) fashion that is easy to organized fashion unorganized fashion
read but may be hard to
read
LET’S LEVEL UP
Answer the following:
1. Type of company’s check already delivered to the payee, but with future date.
2. Type of check with two lines on the top right of the cheque which means No cash
payment is allowed.
3. Refer to the figure below. Give the information to be written on the slot labelled a to
e.
b
a d
4. Prepare a check given the information below:
Mr. Eugene Apostol opened Apostol Car Rental on July 1, 2017. On July 3, he
purchased 2 cars from Eastern Company for Php 200,000 on the basis of 40,000 down
payment and the balance to be paid on monthly installment for one year. The first
payment is due in August.

REFLECTION
After performing all the activities, rate your learning by drawing a star in the appropriate
column.
I am …
confident Still confused
Still interested
In identifying checks.
In preparing Checks
REFERENCES
Beticon, J & et. Al, Fundamentals of Accountancy, Business & Management Teacher’s
Manual, Vibal Group Inc, 2016
Arganda, A. Fundamentals of Accounting and Bookkeeping 1. Anvil Publishing Inc. 2016
Ballada, W. Fundamentals of Accountancy, Business, and Management 2. DomDane

Publishers. 2017
https://www.eastwestbanker.com/info/check-deposit-user-guide.asp?mode=d
https://marketbusinessnews.com/financial-glossary/cashiers-check/
https://www.template.net/business/word-templates/blank-check-template/

ANSWER KEY
ACTIVITY 1: CHECK IN THE PUZZLE
ACTIVITY 2: CHECK… IS IT RIGHT?

2.
1.
ACTIVITY 3: MAKE YOUR OWN CHECK

Answers may vary
Prepared by:
CYNTHIA L. ABIERA
SHS Teacher
Daraga National High school

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NAME: TEACHER:

STRAND AND SECTION: DATE:

Fundamentals of Accountancy, Business

IDENTIFYING DIFFERENT TYPES OF BANK ACCOUNTS NORMALLY

BACKGROUND INFORMATION FOR LEARNERS

TYPES OF BANK ACCOUNTS

1. Savings Account is a bank account that earns a

2. Current or Checking Account is a bank account

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 113

1. Time Deposit (Certificate of Deposit or Term

OTHER TYPES OF BANK ACCOUNTS

2. Dollar Account and Other Foreign Currency

• Australian Dollar • Chinese Yuan

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 114

Identifying the types of bank accounts normally maintained by a business.

ACTIVITY 1: FILL IN THE BLANKS

ACTIVITY 2: TRUE OR FALSE

1. Certificate of Deposit or Term Deposit refers to an interest-bearing fund maintained at

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 115

SAVINGS ACCOUNT CHECKING ACCOUNT

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 116

I’m not sure

Durana, Merlita M. Fundamentals of Accountancy Business, and Management 2. Makati City:

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 117

R0_ABM_FABM2_Grade 12_Q1_Wk 8_LP 12 118

STRAND AND SECTION: DATE:

Fundamentals of Accountancy, Business

PREPARING BANK DEPOSIT AND WITHDRAWAL SLIPS

BACKGROUND INFORMATION FOR LEARNERS

Similar to a purchase order, an invoice, or an official receipt, deposit slips and

RO_FABM2_Grade 12_Q1_WK8_LP13 119

RO_FABM2_Grade 12_Q1_WK8_LP13 120

RO_FABM2_Grade 12_Q1_WK8_LP13 121

RO_FABM2_Grade 12_Q1_WK8_LP13 122

RO_FABM2_Grade 12_Q1_WK8_LP13 123

Prepare bank deposit and withdrawal slips. (ABM_FABM12-IIc-7)

ACTIVITY 1. TOTAL RECALL!

2. The unique identifier of the account maintained by the holder.

3. Date of Deposit – the date of the transaction

4. Typically, a choice between a savings or a current/checking account.

6. Written in both words and in figures.

RO_FABM2_Grade 12_Q1_WK8_LP13 124

RO_FABM2_Grade 12_Q1_WK8_LP13 125

RO_FABM2_Grade 12_Q1_WK8_LP13 126

Using the form below, prepare a deposit slip.

RO_FABM2_Grade 12_Q1_WK8_LP13 127

1. I can prepare a bank deposit slip.

2. I can prepare a bank withdrawal slip.

3. I can assist anyone fill out a bank slip.

RO_FABM2_Grade 12_Q1_WK8_LP13 128

RO_FABM2_Grade 12_Q1_WK8_LP13 129

STRAND AND SECTION: DATE:

Fundamentals Of Accountancy, Business

BACKGROUND INFORMATION FOR LEARNERS

RO_FABM2_Grade 12_Q1_WK9_LP14 130

5. COMPANY’S UNDELIVERED CHECKS

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7. COMPANY’S STALE CHECKS

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HOW TO WRITE A CHECK:

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Identify and prepare checks (ABM_FABM12- IIc-8)

ACTIVITY 1: CHECK IN THE PUZZLE

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