PPT-Lesson 4.2 Checking Account Simulation

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 monthsJanuary and February. WHAT YOU NEED TO KNOW?. Presented by: Kellie Crawford. June 20, 2013. BASIC DEPOSIT ACCOUNTS. Free checking. Non interest bearing checking. Fee driven . checking. Interest bearing checking. Interest bearing checking with requirements. 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:. Chen LI . 　. Masao Nagasaki. Kazuko Ueno Satoru . Miyano. Overview of the work. The topic of this presentation. Establish a quantitative methodology to model and analyze . Information taken from financeintheclassroom.org. Why Do You Want a Checking Account?. Money is kept safe. A record is kept of what you spend and what you earn. You gain interest on the money you put in the bank. 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:. 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. 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. 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. Fees are subject to change. For updates: call us at (760) 352-1540, option 0, visit cu.com or write to us at First Imperial Credit Union, Attn: Member Services, P.O. Box 3247, El Centro, CA 9224 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 How Do People Gain Access to Money They Keep in the Bank?. Checking Account. Write a check. EFT = electronic funds transfer. Card swipe with PIN (personal identification number). Online banking. NOTE: . . OBJECTIVES. Explain. how checking accounts work. . Complete. a check register.. Slide. . 2. . . Key Terms. checking account. check. electronic funds transfer . (EFT). payee. drawer. check clearing.