
Account Register Practice
Presentation
•
Social Studies
•
12th Grade
•
Practice Problem
•
Easy
Alan Long
Used 12+ times
FREE Resource
6 Slides • 26 Questions
1
Review of Banking Concepts and Introduction to Tracking Your Expenses
2
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.
3
Multiple Select
To take money out of an account or keep a record of this
Debit
Credit
Withdrawal
Overdraft
4
Multiple Select
An entry recording a sum received, listed on the right-hand side or column of an account.
Debit
Credit
Deposit
Withdrawal
5
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
6
Multiple Choice
Removing funds from a bank account, savings plan, pension, or trust.
Revenue
Deposit
Credit
Withdrawal
7
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.
8
Time for me to demonstrate!
9
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
10
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
11
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
12
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
13
Let's do this together!
14
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
15
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
16
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
17
Now it's your turn to show me that you know what to do! :)
Answer the next seven questions in this Quizizz!
18
Fill in the Blanks
Balance your checking account by adding deposits and subtracting checks, debit card purchases, and withdrawals.
1. You have a beginning balance of $634.51.
2. On April 14, you write check number 3456 to a family member in the amount of $25.00. The check
is a birthday gift.
19
Fill in the Blanks
3. A direct deposit in the amount of $253.45 will be credited to your account on April 15. This is your pay
from your part-time job. One hundred dollars is automatically placed in your savings account. The
rest is deposited in your checking account. Your deposit is $153.45.
You new balance is?
20
Fill in the Blanks
4. On April 16, you swipe your debit card at the ATM and withdraw $20. Your new balance is?
21
Fill in the Blanks
5. On April 16, you swipe your debit card at the gas pump. The amount debited is $43.01.
Your new balance is?
22
Fill in the Blanks
6. On April 18, you write check number 3457 to the utility company to pay your water and electric bill for $45.55. Your new balance is?
23
Fill in the Blanks
7. On April 27, you receive a graduation check in the amount of $50.00 from your grandmother. You
deposit the check into your account.
Your new balance is?
24
Now let's have some fun!
25
Multiple Choice
$4720.33
$4500.00
$4500.75
$4320.00
26
Multiple Choice
$4720.33
$4320.03
$5091.15
$4500.75
27
Multiple Choice
$1,177.80
$1,000.00
$1,157.80
$320.55
28
Multiple Choice
29
Multiple Choice
30
Multiple Choice
$1177.80
$1000.00
$157.80
$320.55
31
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
32
Fill in the Blanks
Your balance is $531.02 on April 14.
Write a $131.98 check on April 19.
Write a $45.92 check on April 14.
ATM withdraw of $75.00
AT deposit of paycheck $354.22
What is your new balance?
Review of Banking Concepts and Introduction to Tracking Your Expenses
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