The right method to express a number like this is to leave off the "and," instead writing "150." When writing in the quantity of cents in the check, you just write "and" after the dollar amount. Then write the number of cents within the parenthesis.
So, "and" writes "150." After that, you need to decide how to write the number of cents within the parentheses. There are two ways to do this: with or without commas. If you want to use commas, then you should have seven of them. If you don't, then you will need eight.
Comma usage is one of those things that most people know how to use correctly but few people understand why commas are used in the first place. Within the context of currency, commas are used to indicate groups of three digits or more. So, using our example, we would write "150" followed by an abrupt pause, and then we would write the number 888 within the parentheses.
This process can be extended to any whole number with multiple groups of three or more digits. If you were to write up to 999, you would use commas every three digits thereafter until you got to a number with only two digits afterward.
Include the amount of cents, even if it's simply zero (for example, $150 would be entered in the box as "$150.00"). Fill in the amount of the cheque next to the term "Dollars" on the check. Using the same example as in Step 3, you would write "150 and 00/100."
You can also write anything else beside the dollar sign that is not part of the number system, such as "Inc" for including taxes, or "Gst" for general sales tax. But whatever you write must be next to the amount box for it to be accepted.
Checks can be used for many things besides payment: evidence of debt, contracts, orders, etc. They are very common in business situations where there may be several items owed from one party to another. Checks can also be used when money is owed but not due, or pending approval of an invoice. This way, the person writing the check does not need to wait until the end of the month to settle up with the bank; instead, they can write a check now and pay later through additional shipments of goods or services.
When you write a check, you are saying that you will not be able to cover the check with cash. The reason for this might be that you have written more than you have available, or your account has been placed on hold while your credit is checked.
In words, write the amount by first writing the quantity of full dollars, followed by the word "dollars." Instead of the decimal point, put "and," then the amount of cents, and then the word "cents." For example, if the amount is $10.56, write it as one dollar and ten-sixteenths of a dollar ($1.00 and 56/100).
Then follow the same procedure for coins: first write the number of coins, then the unit price per coin, and finally the total value. For example, if there are five pennies in a dollar and the unit price is.01 (one tenth of a dollar), then the total value is five times.01 or $0.50.
Finally, if the amount includes cents, menses, or any other units of 10, then write these numbers too. So, if the unit price is 20 cents and there are 60 cents in a dollar, then write the total as two dollars ($2.00).
Currency has three basic forms: bills, coins, and scrip. A bill is a piece of paper that contains the image of a currency holder along with some type of printing. Notes are most often used by banks to transfer funds or pay out cash. Coins are metal pieces that are used as currency.