6.14C - Balancing a Check Register

Front

What is a check register?

Back

A check register is a record used to track all transactions in a checking account, including deposits, withdrawals, and the current balance.

Front

How do you calculate the new balance after a deposit?

Back

To calculate the new balance after a deposit, add the amount of the deposit to the current balance.

Tags

CCSS.7.NS.A.1C

Front

How do you calculate the new balance after a withdrawal?

Back

To calculate the new balance after a withdrawal, subtract the amount of the withdrawal from the current balance.

Tags

CCSS.7.NS.A.1C

Front

What is a deposit?

Back

A deposit is an amount of money added to a bank account.

Tags

CCSS.6.NS.B.3

Front

What is a withdrawal?

Back

A withdrawal is an amount of money taken out of a bank account.

Tags

CCSS.7.NS.A.1A

Front

If you have $106.15 and deposit $75.00, what is your new balance?

Back

$181.15

Tags

CCSS.6.NS.B.3

Front

If you have $546.24 and write a check for $100.35, what is your new balance?

Back

$445.89

Tags

CCSS.6.NS.B.3

Front

What happens when you write a check?

Back

Writing a check results in a withdrawal from your checking account.

Front

What is the purpose of a check?

Back

A check is a written order directing a bank to pay a specific amount of money from the writer's account to the person or entity named on the check.

Tags

CCSS.RI.5.3

CCSS.RI.5.5

CCSS.RI.6.3

CCSS.RI.6.5

CCSS.RI.7.5

Front

What should you do if you make a mistake in your check register?

Back

If you make a mistake in your check register, correct it immediately by crossing out the error and writing the correct information.