1. Checking
8th Grade FACS

2. Vocabulary Payee: The party that receives the check.
Payor:  The party that writes the check (to the payee).
Check Register:  A booklet that is used to keep a record of all your checking related transactions, including checks written and deposits.
Endorse a Check - Check Endorsement:  When the payee signs their name on the back of a check to cash or deposit the check.
Balance:  The amount of money currently in your checking account.
Non-sufficient Funds:  When you write a check for more money than you have in your account.
Minimum Balance:  The minimum amount of money required in your account.  Having an amount less than the minimum balance may result in extra service charges or reduced privileges.
Service Charge:  An amount the bank charges (fees) for use of the checking account.

3. Why a checking account?
Convenience
Safety
Accountability

4. Opening An Account Signature Authorization Card
Necessary personal information
Signature to be used on checks

5. making a deposit 1. Write the date of the deposit in this field.
2. If you are depositing currency (paper bills), write the total amount here.
3. If you are depositing coins, write the total amount here.
4. If you are depositing a check, write the bank transit number here, which is the top portion of the two-part number printed in the upper corner of the check.
5. Write the amount of the check here.
6. If you are depositing more checks than can be listed on the front, continue to list them on the back, and write the total amount of the checks on back here.
7. Write the total amount you are depositing here.
8. If you are making a deposit inside a bank with a teller and you want to receive cash back from your deposit, write the amount you want in this field.
9. Write the total amount (less cash back) of your deposit in this field.
teens – lesson 6 - slide 6-D

6. Endorsing a Check Blank Restrictive Special or Full
Once signed, anyone can cash
Restrictive
May only be deposited in the account listed
Special or Full
Done when signing a check over to another party

7. Writing an Endorsement - Practice
1. Blank Endorsement
2. Restrictive Endorsement
3. Special or Full Endorsement

8. Writing Dollars and Cents
When writing a check, you must write the amount of the check in numbers and words.
The decimal point becomes “and” and the change is written numerically over 100.
$ = One hundred fifty-two and 31/100
Cursive writing is preferable on a check

9. writing the amount of the check in words$
Start writing at the far left side of the line
Eight hundred fifty seven Dollars
Follow the dollar amount by the word “and”
Eight hundred fifty seven and Dollars
Write the amount of cents over the number 100
Eight hundred fifty seven and 19/ Dollars
Draw a line from the end of the 100 to the end of the line.
Eight hundred fifty seven and 19/ Dollars
Teens 2 – Lesson 6 - Slide 6-2d

10. Guided Practice
$80.76
_________________________________________________________________Dollars
$196.45
$2,857.00

11. Assignment Read pages 208 through 211 in the Today’s Teen text book.
Complete the first page of you packet
Endorsements
Writing Dollars and Cents
Be sure to use a pen when completing this section of your assignment
While it is preferable to write in cursive, print will be acceptable on THIS PAGE ONLY

12. REVIEW -ENDORSEMENTS 1. Blank Endorsement 2. Restrictive Endorsement
3. Special or Full Endorsement

13. maintaining a checking account
Teens 2 – Lesson 6 - Slide 6-3b

14. Check Transaction 2467 55 504 9/1 Northwestern Energy 50 26 -50 26
504
9/1
Northwestern Energy
50 26

15. ATM Transaction 2467 55 504 9/1 Northwestern Energy 50 26 -50 26
504
9/1
Northwestern Energy
50 26
ATM
9/4
Cash Withdrawal
40 00
FEE
9/4
Service Charge
2 50

16. Deposit Transaction 2467 55 504 9/1 Northwestern Energy 50 26 -50 26
504
9/1
Northwestern Energy
50 26
ATM
9/4
Cash Withdrawal
40 00
FEE
9/4
Service Charge
2 50
DEP
9/6
Paycheck Subway

17. Check Card Transaction
504
9/1
Northwestern Energy
50 26
ATM
9/4
Cash Withdrawal
40 00
FEE
9/4
Service Charge
2 50
DEP
9/6
Paycheck Subway
CKCD
9/8
Walmart
89 42

20. Assignment Complete pages 2 and 3 of your packet
Fill in the information for question 1-9 on the provided blank check register
Be sure to double check you subtraction and addition
After completing the register, answer questions 10 – 12

21. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo

22. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co

23. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm

24. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm
ATM
4/26
Withdraw – Check card
-40.00

25. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm
ATM
4/26
Withdraw – Check card
-40.00
105
4/28
Verizon Wireless
-49.72

26. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm
ATM
4/26
Withdraw – Check card
-40.00
105
4/28
Verizon Wireless
-49.72
106
4/30
Visa
214.08

27. CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm
ATM
4/26
Withdraw – Check card
-40.00
105
4/28
Verizon Wireless
-49.72
106
4/30
Visa
214.08
5/1
Will Leitheiser – birthday gift
+25.00
239.08

28. Anatomy of a Check 1. Date Write today’s date. 2. Payee
Write the name of the person or
company that you are paying.
3. Amount of check in numerals
Write the amount of the check in numbers.
Be careful not to leave any space between
your numbers.
4. Amount of check in words
Write the amount of the check in words.
5.Name
Your personal information is printed here. Never list your Social Security number on your printed check.
6. Signature
Sign your check the same way you signed your name on the signature card.
7. Memo
Write why you wrote the check. If you are paying a bill, put down any information requested by the company.
8. Identification numbers
These numbers identify your bank, account number, and the check number. They are printed in special magnetic ink that machines can read.
Teens 2 – Lesson 6 - Slide 6-2e

29. PARTS OF A CHECK Signature Who gets the money
Personal information of the account holder
Date written
Amount in numbers
Who gets the money
Amount of money written long hand
Signature
Additional info
Bank routing number, account number and check number

30. Anatomy of a Check - Practice

31. Assignment Complete pages 4 and 5 of your packet
Checks must be written in PEN and should be written in cursive
The information on the checks should match in the information in your register on page 3
DO NOT write checks for deposits or withdrawals

32. REVIEW – RUNNING BALANCE
CHECK
NO.
DATE
DESCRIPTION
(check paid to)
Check/Deposit Amount
BALANCE
637.28
297
10/09
Walmart
298
10/10
Kessler
Dep
10/11
Subway - paycheck
CkCd
10/12
ATM – deposit
299
10/13
ASD – tee shirt
300
10/15
Verizon Wireless
301
10/16
Mastercard bill
594.91
560.03
997.25
661.33
Teens 2 – Lesson 6 - Slide 6-3d

33. REVIEW – WRITING A CHECK
Joe Eagle or Jane Eagle
(605)
123rd 456th St
Aberdeen, SD 57401

34. reading a bank statement

35.        BALANCE 527.96 101 4/15 Walmart - 35.70 -35.70 492.26
CHECK
NO.
DATE
Check paid to 
Check/deposit
AMOUNT
BALANCE
527.96
101
4/15
Walmart
-35.70
492.26
102
4/16
Acme Apartments – rent
320.00
172.26
DEP
4/20
Paycheck – Wells Fargo
103
4/23
Mid-co
104
4/24
State Farm
ATM
4/26
Withdraw – Check card
-40.00
105
4/28
Verizon Wireless
-49.72
106
4/30
Visa
214.08
5/1
Will Leitheiser – birthday gift
+25.00
329.08      

36. reconciling a checking account
Step 1: Get the current balance from your bank statement.
Step 2: Add deposits recorded in your check register that are not on this statement.
Step 3: Subtract outstanding checks. These are checks you have written that have not yet cleared the banking system.
Step 4: Compare the result with the current balance in your check register.
Remember to…
- subtract service fees or other charges
+ add direct deposits
+ add interest earned
Teens 2 – Lesson 6 - Slide 6-3e

37. reconciling a checking account
414.79
103
105
49 72
25.00
25.00
439.79
200.71
239.08

38. Assignment Answer questions 1-6 on pages 7 and 8
Complete pages 7 and 8 as a class.
Answer questions 1-6 on pages 7 and 8
After completing all sections of you packet Put the packet in your folder on the prongs.

39. Parts of a Check
What is the date of the check? _______________________
Who is the check made payable to? ___________________
What is the check number?__________________________
What is the check transit number? ____________________
(Hint: look for the top part of the two-part number in the upper right corner of the check.)
Where do you endorse a check? ______________________
Where is the account number? _______________________
Teens 2 – Lesson 6 - Slide 6-2b