Checking Account Register •Place to record all monetary transactions for a checking account • Deposits, checks, ATM use, debit card purchases, additional bank fees •Used to keep a running balance of the account •Remember • Record every transaction!
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- Slide 1
- Slide 2
- Checking Account Register Place to record all monetary transactions for a checking account Deposits, checks, ATM use, debit card purchases, additional bank fees Used to keep a running balance of the account Remember Record every transaction!
- Slide 3
- Check Register Date The date the check was written or transaction was made 419 01
- Slide 4
- Check Register Number The number of the written check; if a debit card or ATM was used, write DC or ATM 419 01
- Slide 5
- Check Register Description of Transaction The person/business the check was written to or where the debit card was used Gray line can be used to write the memo 419 01
- Slide 6
- Check Register Payment/Debit(-) Amount of the transaction Deducted from the balance 419 01
- Slide 7
- Check Register T A box used to track whether the check has cleared on the monthly bank statement when reconciling at the end of each month 419 01
- Slide 8
- Check Register Fee (if any) Any extra fees charged to the account Listed on the bank statement 419 01
- Slide 9
- Check Register 1578 Balance The running total of the checking account Calculated by adding or subtracting each transaction Keep this updated 419 01 $ 403 23
- Slide 10
- Check Register 1578 419 01 Date The date the deposit was made 9/3 $ 403 23
- Slide 11
- Check Register 1578 419 01 9/3 Number For a deposit, there isnt a number, therefore, just write DEP DEP $ 403 23
- Slide 12
- Check Register 1578 419 01 9/3 DEPDeposit Reimbursement Description of Transaction Write deposit on that line Gray line can be used to write the memo $ 403 23
- Slide 13
- Check Register 1578 419 01 9/3 DEPDeposit Reimbursement Deposit/Credit(+) Amount of the deposit or credit Added from the balance $ 403 23 $ 136 00
- Slide 14
- Check Register 1578 419 01 9/3 DEPDeposit Reimbursement $ 403 23 $ 136 00 Balance The running total of the checking account Calculated by adding or subtracting each transaction Keep this updated $ 136 00 $ 539 23
- Slide 15
- Finish the check Register Record the last 3 transactions
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