1. An Introduction to Checking Accounts

2. What is a Check?
A check is a piece of paper with your name, address, and bank account information on it.
When someone cashes your check, the amount written on the check is withdrawn from your checking account.
Checks can be used to pay bills or other debts.
Using checks is a safer way of paying bills (especially by mail).

3. What is a Debit Card?
A debit card (ATM card) is a plastic card with your name and bank account information on it.
When you swipe your debit card, the amount owed on is withdrawn from your checking account.
Debit cards can be used to pay bills or other debts.

4. What is a Debit/Credit Card?
A debit/credit card is a plastic card with your name and bank account information on it.
When you swipe your debit card, the amount owed on is withdrawn from your checking account.
Debit/credit cards can be used to pay bills or other debts.
Debit/credit cards can be used like a credit card. Instead of you paying a credit card bill about month later, the money is simply withdrawn from you checking account much like a check.

5. Parts of a Check

6. Writing Checks Jane Doe October 5, 2013 John Doe 125.00
One hundred twenty-five dollars & 00/100
Jane Doe
Birthday Gift

7. Writing Checks the Wrong Way
October 5, 2010
John Doe 9
25.00
Nine hundred
twenty-five dollars & 00/100
Jane Doe
Birthday Gift

8. Do not sign/write/ stamp below this line
Endorsing a Check
ENDORSE HERE:
X _____________________________
______________________________
Do not sign/write/ stamp below this line
John Q. Student

9. Sample Checks

10. Sample Check Register

11. Sample Bank Statement
FOCUS National Bank

12. Video Review Running Time: 16:22

13. As a Class
Use the checks and the check register provided to practice writing checks and recording transactions in a check register.

14. Practice Writing Checks & Entering Transactions
Write a beginning balance of $ in the top right corner of your check register.
Write Check #1234 to Southern Ca. Edison (SCE) for $80.33 on 9/1
Payroll (Direct Deposit) of $ on 9/2
ATM Withdrawal of $100 on 9/4
Write Check #1235 to Macy’s for $29.94 on 9/6
Walmart debit card purchase of $15.22 on 9/9
Write Check #1236 to Farmer’s Insurance for $22.05 on 9/11
Void Check #1236 to Farmer’s Insurance (add $22.05 back in)
Write Check #1237 to Farmer’s Insurance for $22.50 on 9/11
Payroll (Direct Deposit) of $ on 9/14
Write Check #1238 to Nuevo Water Company for $52.87 on 9/19
Write Check #1239 to The Gas Company for $32.44 on 9/20
Birthday gift deposit for $ on 9/22
Target Debit Card for $36.76 on 9/25
Walmart Debit Card for $15.33 on 9/29
Your ending balance
should be $514.59

15. Completed Check Register
/1 Southern California Edison
9/2 Deposit – Payroll
9/4 ATM
/6 Macy’s
9/9 Walmart – Debit
/11 Farmer’s Insurance VOID
9/11 Farmer’s Insurance
/11 Farmer’s Insurance
9/14 Deposit – Payroll
/19 Nuevo Water Company
/20 The Gas Company
9/22 Birthday Gift – Deposit
9/25 Target – Debit
9/29 Walmart – Debit

16. On Your Own