Account Register Practice

Review of Banking Concepts and Introduction to Tracking Your Expenses

Multiple Choice

• The total amount of money that a person or organization has in their savings or checking account after all funds from deposits and credits have been added and all charges and debts have been subtracted.

• Account Statement
• Account Summary
• Account Overview
• Account Balance

Multiple Select

To take money out of an account or keep a record of this

• Debit

• Credit

• Withdrawal

• Overdraft

Multiple Select

• An entry recording a sum received, listed on the right-hand side or column of an account.

• Debit

• Credit

• Deposit

• Withdrawal

Multiple Select

When you move funds into a checking account at a bank or credit union. In the case of adding money into an bank account

• Credit

• Debit

• Revenue

• Deposit

Multiple Choice

Removing funds from a bank account, savings plan, pension, or trust.

• Revenue

• Deposit

• Credit

• Withdrawal

Account register's purpose

​Your check register is a tool that will help you to know how much money you have in your account at all times. Each time you put money into your account, write a check, or take money out, you should record key pieces of information in your check register.

Time for me to demonstrate!

Multiple Choice

Directions: Record the following transactions on a checking account register.

1. Beginning Balance in Tracy’s checking account - $300 

2. Tracy paid Sneaker World $63 for new sneakers on Oct. 15 with a debit card 

• • *$237.00

• $363.00

Multiple Choice

3. Tracy deposited her paycheck on Oct. 21 in the amount of $43.25, What is her new balance?

• $406.25

• *$280.25

Multiple Choice

4. Tracy wrote check #101 for $17.75 to Randy’s Records on Oct. 25, what is her new balance?

• *$262.50

• $201.50

Multiple Choice

5. Tracy wrote check #102 for $9.45 to Brandon’s Books on Oct. 25, what is her new balance?

• *$253.05

• $252.05

Let's do this together!

Multiple Choice

Now let's try this together! :) Previous balance: $253.05

6. Tracy made a withdrawal of $20.00 using her ATM card at TD Bank on Oct. 25    

• $233.05

• $223.05

Multiple Choice

7. Tracy deposited her paycheck on Nov. 5 in the amount of $43.25, what is her new balance?

• $276.30

• $266.30

Multiple Choice

8. Tracy wrote check #103 for $18.00 to her school to add money to her lunch account on Nov. 6, what is her new balance?

• $258.30

• $248.30

Now it's your turn to show me that you know what to do! :)

Answer the next seven questions in this Quizizz!

Now let's have some fun!

Multiple Choice

What is the starting balance on this check register?

• $4720.33

• $4500.00

• $4500.75

• $4320.00

Multiple Choice

What was the balance of the account at the end of the day on 7/24?

• $4720.33

• $4320.03

• $5091.15

• $4500.75

Multiple Choice

What is the balance on 6/25?

• $1,177.80

• $1,000.00

• $1,157.80

• $320.55

Multiple Choice

To put money $$ in the bank, is called:

• WITHDRAWAL
• DEPOSIT
• INVEST
• WRITE A CHECK

Multiple Choice

To take money OUT of your account, is called:

• WITHDRAWAL
• DEPOSIT
• TRUST
• STEAL

Multiple Choice

What is the balance on 6/25?

• $1177.80

• $1000.00

• $157.80

• $320.55

Multiple Choice

What is the amount paid to Netflix and the balance after the transaction?

• $80; $60

• $1500; $1,560

• $10; $1,520

• $85; $1,435