PPT-Managing a Checking Account

Learning Activity 4 4 1 Dishonored Checks 1 of 2 Consequences Service charge Bad credit rating Mandatory counseling Added to dishonored check list Suspension of check cashing privileges Reprimand. Personal Finance. Objectives. To be able to write a check. To record a check and a debit in a checking . account register. Do Now:. What is the difference between a checking and a savings account?. When Shopping for a Checking Account look for:. Parts of a Check. 7. 8. 9. Date line. P. ayee. Numeric amount. Written amount. Memo. Signature. Check #. Bank routing and account #’s. Checking Account Terms Review. Check. Canceled check. Overdraft. The most widely used service that a bank offers. .. Money. on demand!. Benefits of a checking account. Convenience. Safety to make payments with less risk than using cash.. Proof of payment. A record of finances for managing your money.. Check. A check is a written, dated and signed . slip of paper . that contains an unconditional order from the drawer that directs a bank to pay a definite sum of money to a payee. . The . money is drawn from a banking account, also known as a checking account.. Opening an Account. Writing Checks. Keeping Records. Endorsing Checks. Reconciling. 21. st. Century Banking. Chapter 29 Checking Accounts. Opening an Account. Writing Checks. Keeping Records. Endorsing Checks. Month: January. Helpful Hints. Remember to fill out the check register before you write the check. Normally use a pen, for our simulation you may use a pencil. You are require to write checks, make deposits and reconcile for the first two months-January and February.. Understanding Checking Accounts and Debit Card Transactions. Banking Objectives. Making a deposit. Writing a check. Using a debit card. Keeping track of our checking account . . through a check register. Checking Accounts. Checking account-. an. . account where the holder can write checks; draw less interest. Withdrawal. - . amount of money taken out of an account.. Overdraft. -a check is written for more money than is currently in the account. If the bank refuses to cask the check, it’s said to have bounced. Michael Roberson. Chandrasekhar Boyapati. The University of Michigan. Software Model Checking. Exhaustively test programs. On all possible inputs. On all possible schedules. Up to finite bounds. Binary Tree State Space. GET $50 FOR YOU, PLUS $50 FOR YOUR FRIEND! CURRENT PECU MEMBER Here’s an opportunity for you to refer a friend and receive $50 for each new PECU member you refer. Your friend needs to open a ne The Benefits of Reading Books The Benefits of Reading Books The Benefits of Reading Books The Benefits of Reading Books