# Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?

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Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?

Lesson Objective Calculate the balance in a check register. Content Vocabulary check register balance check register A record of checking account deposits, withdrawal, and electronic transfers. balance The amount of money you have in an account.

Find the new balance after each check or deposit. Balance: \$542.62 Deposit: \$125.00 New Balance: Amount of Check: \$74.38 New Balance: Example 1

Balance: \$542.62 Deposit: \$125.00 New Balance: Amount of Check: \$74.38 New Balance: Example 1 Answer Balance + Deposit = \$542.62 + \$125.00 = \$667.62 New Balance – Check = \$667.62 – \$74.38 = \$593.24

Find the new balance after each check or deposit. Balance: \$197.23 Amount of Check: \$48.72 New Balance: Amount of Check: \$17.49 New Balance: Example 2

Balance: \$197.23 Amount of Check: \$48.72 Balance: Amount of Check: \$17.49 Balance: Example 2 Answer Balance - Check= \$197.23 - \$48.72= \$148.51 Balance - Check= \$148.51 - \$17.49=\$131.02

The previous balance in your check register is \$345.98. You make a deposit of \$75.00. You write a check for \$45.00. What is your new balance? Example 3

Step: Figure out the balance. Example 3 Answer \$345.98 + \$75.00 – \$45.00 =\$375.98 Balance + Deposit - Check=

Margaret Millers checking account had a balance of \$313.54. She wrote a check for \$45.78 on March 2. On March 5 the bank made an automatic transfer (AT) of \$52.55. She made a deposit of \$240.32 on March 10. What is the new balance in Millers account? Example 4

Step: Figure out the balance. Example 4 Answer

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