Foods and Household Management: A Textbook of the Household Arts

by Helen Kinne; Anna M. Cooley

If a check is made out to you, and you wish to cash it, or

deposit it, you “indorse” it by writing your name on the back across the left-hand end of the check. The name must be written exactly as it appears on the face of the check. If by chance the name is misspelled, write it in with the correct spelling below.

The checks that you make out are indorsed by the payee in the same way, and cannot be cashed until so indorsed. Therefore, if a check is lost in the mail, you do not lose the money. The bank should be notified to “stop payment” on the lost check, and you can then send another check in place of the first one.

When you wish bills or specie, you go to the bank and present to the paying teller a check made out to “Cash” and signed by yourself. It is wise not to make out or sign such a check until you reach the bank, because if such a check is lost on the way, there is danger of its being cashed by the finder.

Once a month you should leave the book with the teller to be balanced. In a few days you may call for it, and will receive with it the checks that you have drawn, and that have been returned to the bank by the date to which the book is balanced. These checks are called vouchers. With these there is also a list of the amounts showing the total paid out on them by the bank. Check up the vouchers with the list, then check up the vouchers with your check book to see if all in your check book had been returned to the bank by the date of balancing. If there are some still out, add that sum to your check book balance, and then compare the bank book balance with your check book.

Deposits may be sent by mail, either with or without the check book. If the book is sent, it should go by registered mail. If you do not send the book, the bank will send a receipt, which you return with the book the next time the

balance is made. In either case, write “For deposit” above your signature on the back.

EXERCISES

1. Of what value is business equipment in household management?

2. Suggest ways in which a card file might be used in the household.