3. How do you write a check? Mr. SmithDate ____________ Any street Any City, State Amount____________ Amount____________ Pay to the order of ____________________________________ ________________________________________________ dollars _________ ____________ Memo Signature

4. Write out these checks August 1, 2004 rent is due for $600.00 to Mr. Johnson August 1, 2004 rent is due for $600.00 to Mr. Johnson August 1, 2004 Unicell bill is $54.76 August 1, 2004 Unicell bill is $54.76 August 1, 2004 VTEL bill is $49.92 August 1, 2004 VTEL bill is $49.92

5. What about the check register? All checks written All deposits Any transaction

6. DateCashChecks Cash out Total Deposit

7. Deposit slips Date Date Cash Cash Checks Checks Subtotal Subtotal Cash out Cash out Total Total

8. Let’s make a deposit! Your paycheck was $510.04 on July 4 Your paycheck was $510.04 on July 4 Your roommate paid you his share of the rent, $200.00 on July 1 Your roommate paid you his share of the rent, $200.00 on July 1 You need $40.00 cash for the weekend You need $40.00 cash for the weekend What is your total deposit? What is your total deposit?

9. Any Questions?

10. What is the balance of our check register if we started with $975.68 Checks Written $600.00$54.76$49.92Deposit$690.04

11. What is ATM? Automated Teller Machine You would use your debit card or your debit/credit card.

12. Debit/Credit Card? How does this work? How does this work? You can make purchases anywhere that excepts a credit card. You can make purchases anywhere that excepts a credit card. The money comes from your checking account. The money comes from your checking account. Remember to write it down in your check register. Remember to write it down in your check register.

13. Check register Documenting ATM’s and Debit/Credit purchases. Write the date, amount, where, and card (instead of check number).

14. Filling out the Check Register! July 16, 2004 you need $40.00 cash for the weekend July 16, 2004 you need $40.00 cash for the weekend July 17, 2004 groceries at Walmart for $52.98, using your debit/credit card. July 17, 2004 groceries at Walmart for $52.98, using your debit/credit card. July 18, 2004 Dinner for two at Weathervane $60.85 using your debit/credit card. July 18, 2004 Dinner for two at Weathervane $60.85 using your debit/credit card.

15. Balance? Do you know what you have left in your checking account? Do you know what you have left in your checking account? Let’s check that know! Let’s check that know!

16. Any Questions?

17. Ready to start balancing?

18. Bank Statement Time to balance your account with the bank statement!

19. Check off all items in your check register that are on the bank statement. Check off all items in your check register that are on the bank statement. Checks Checks ATM’s ATM’s Purchase with your debit/credit card Purchase with your debit/credit card Deposit Deposit

20. Balancing your check register Enter checkbook balance Enter checkbook balance Add Interest or credits to your account Add Interest or credits to your account Subtotal Subtotal Subtract any bank charges, fees or debits Subtract any bank charges, fees or debits Adjusted Checkbook Balance Adjusted Checkbook Balance

21. Balancing your bank statement Enter bank balance from statement Add deposits that are in your check register and not on the statement Subtotal Subtract outstanding checks (checks written that are not on the statement) Adjusted Bank Balance

22. Do they match? Yes Yes No, lets find out why? No, lets find out why?

23. Questions?