chapter 3, section 2 checking accounts. i can… prepare a deposit slip record entries in a check...

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Chapter 3, Section 2 Checking Accounts

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Page 1: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

Chapter 3, Section 2Checking Accounts

Page 2: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

I can… Prepare a deposit slip Record entries in a check register

Page 3: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

What do I need to do in order to make a deposit? Anytime you make a deposit into your

checking or savings account you will need to fill out a deposit slip.

Example 1, Check your understanding A & B.

Page 4: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

How do I fill out a deposit slip?

Example 2, Check your understanding C & D.

Page 5: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

How do I know how much money I have in my account? You have to write everything (deposits,

checks written, debit card use) down in a check register.

You keep a running balance after each entry into your check register. The balance is the amount of money in your account.

Deposits are ADDED and checks written are SUBTRACTED!

P. 90, example 2.

Page 6: Chapter 3, Section 2 Checking Accounts. I can…  Prepare a deposit slip  Record entries in a check register

Assignment P. 91, 7-13