180 likes | 345 Views
Check Registry. What’s in a check registry. Check Number. Write the Number of the check YOU are writing to someone else. DATE. Write the date of EVERY TRANSACTION that you make. Description of Transaction. Describe in short detail what the transaction is for
E N D
Check Number Write the Number of the check YOU are writing to someone else
DATE Write the date of EVERY TRANSACTION that you make.
Description of Transaction Describe in short detail what the transaction is for Debit – To whom is the check for Credit – Who gave you the money
Payment Debit Debit – When you are taking money out of your account to pay for something.
Payment Debit Credit – When you are putting money into your account. Also known as depositing.
Register Balance Balance – the amount of money that you currently have in your account.
Let’s say that on September 2nd, you opened a new account and deposited $50.00 Sep 2 Open Balance $50.00 $50.00
Later that evening, you use your first check when you decide to go the movies with your friends. You pay $7.00 for a movie ticket at Tinseltown September 2, 2012 Tinseltown $7.00 Seven and no/100 Mrs. Denos Tickets
Later that evening, you use your first check when you decide to go the movies with your friends. You pay $7.00 for a movie ticket at Tinseltown Sep 2 Open Balance $50.00 $50.00 01 Sep 2 Tinseltown $7.00 $43.00
On September 5th you babysit for the Smith’s and they pay you $20.00. The next day you deposit the full amount in your account. Sep 2 Open Balance $50.00 $50.00 01 Sep 2 Tinseltown $7.00 $43.00 Sep 6 Babysit Smith’s $20.00 $63.00
On September 7th you buy a birthday present for your friend at Target. You spend $21.86. You use your second check. September 7, 2012 Target $21.86 Twenty one and 86/100 Mrs. Denos Present
On September 7th you buy a birthday present for your friend at Target. You spend $21.86. You use your second check. Sep 2 Open Balance $50.00 $50.00 01 Sep 2 Tinseltown $7.00 $43.00 Sep 6 Babysit Smith’s $20.00 $63.00
On September 9th, you get paid for your paper route that you have. Your check was for $52.46 Sep 2 Open Balance $50.00 $50.00 01 Sep 2 Tinseltown $7.00 $43.00 Sep 6 Babysit Smith’s $20.00 $63.00
On September 10th, you go to the mall. You buy things at a couple of stores. • At Buckle you spend 24.50 on a pair of shoes. • You use check #3 • At McDonald’s you buy a Combo #4 for 5.48. • You use check #4 • At JCP you buy a shirt that was on sale for 5.39. • You use check #5 • *** Write out each check, and then add it into the registry.***