Title: (Optional) Maintain a business checking account.
Course: Agricultural Business Operations II (18201-36) > Section: Operating the Agribusiness

Maintenance should include a demonstration of keeping check registers or stubs up-to-date and balancing an account against a monthly statement. It should also include identification of the main tools and concepts related to an electronic checking account, such as

- signature card
- deposit
- endorsement
- check stub
- check register
- check writing
- stop payment
- overdraft
- postdating
- check processing
- bank statement
- online bill pay
- service charges.

Process/Skill Questions:

- What is the importance of a signature card?
- Why do banks have service charges? What are examples of service charges?
- Who should be permitted to endorse checks?
- How can one prevent overdrawing an account?
- What is the problem with postdating a check?
- What is the procedure for balancing a checking account to a monthly bank statement?
- What are the advantages and disadvantages of electronic banking?