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What are five rules to ensure that checks are properly written and recorded?
Wiki User
∙ 9y ago
- Always write checks using a pen to prevent alterations.
- Double-check the accuracy of the payee name, date, amount in numbers and words, and your signature before issuing the check.
- Record the transaction in your check register immediately.
- Keep track of outstanding checks to avoid overdrawing your account.
- Store canceled checks and bank statements for record-keeping and reconciliation purposes.
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