Different Forms of Financial Exchange

Slides:



Advertisements
Similar presentations
Credit Cards. What is a Credit card? A plastic card that represents a line of credit A line of credit is an account with money that you can borrow repeatedly.
Advertisements

M0, M1, M2 Mrs. Eskra. OBJECTIVES: What will you learn? Money is anything that serves as a medium of exchange, store of value, and unit of account. We.
Candy Project Instructions – Save the slide presentation to your student folder as “Candy Project.” – Complete the presentation with your group (information.
© 2014 Cengage Learning. All Rights Reserved.
Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO9 Establish a petty cash fund. LO10 Prepare a petty cash report. LO11 Replenish a petty.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-3 Dishonored Checks and Electronic Banking  Recording a dishonored check on a check.
Managing a Bank Account Tracking Your Money Test Review.
Cash Given Definition… Ready money, such as money in hand, petty cash (used in businesses), bank account balance, and money market accounts. In my own.
Different Forms of Financial Exchange How do we pay for things and who is responsible? Copyright © Texas Education Agency, All rights reserved.
Financial Exchanges Copyright © Texas Education Agency, All rights reserved.
Code of conduct Checking account Endorsement Blank endorsement Special endorsement Restrictive endorsement Postdated check Bank statement Dishonored check.
Copyright © 2007 Pearson Addison-Wesley. All rights reserved. Chapter 6 The Foreign Exchange Market.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-4 Petty Cash.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-4 Petty Cash.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-4 Petty Cash.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 5-4 Petty Cash Def. – an amount of cash kept on hand and used for making small payments Purpose –
Journalizing Petty Cash and using the Cash Payments Journal.
List of Words for Chapter 6 Checking account Endorsement Blank endorsement Special endorsement Restrictive endorsement Postdated check Bank statement.
Five Types of Payment Systems Cash Checking Transfer Credit Card Stored Value Accumulating Balance.
Copyright © Cengage Learning. All rights reserved Recent Changes in the Banking Industry Financial Services Modernization Banking Act (1999 ) –Allows banks.
LESSON 5-3 Dishonored Checks and Electronic Banking.
Tracking Your Money Module 4.1. Vocabulary Check: a legal written document directing a financial institution to pay out funds from a specific account.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 11-3 Posting from Journals to a General Ledger.
Financial Statements Review. Lesson 9-1 When you add all of the Accounts Payable Ledger account balances, it will equal the balance of the Accounts Payable.
Financial Exchanges Copyright © Texas Education Agency, All rights reserved.
Marvelous Monday, November 9 Get ready for your notebook check! D54.
Banking © 2016 albert-learning.com Banking. © 2016 albert-learning.com Vocabulary  Mortgage: A mortgage is a security interest in real property held.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-4 Petty Cash.
Chapter 14 Money and Banking.
© 2014 Cengage Learning. All Rights Reserved.
Exchange 12/ 02 / 09 Exchange of goods and services
© 2014 Cengage Learning. All Rights Reserved.
Credit, Debit, and ATM Cards
The ABC’s of Money and Banking

Chapter 3 What Is Money?.
Mr. Roeshink – Financial Operations
Chapter 6 review slides.
Banking: Managing your money
17-2 Financial Services and Electronic Banking
Types of Money How should I pay?.
Different Forms of Financial Exchange
Types of Money in the United States
LESSON 5-4 1/2/2019 LESSON 5-4 Petty Cash Blue.
LESSON 5-4 1/2/2019 LESSON 5-4 Petty Cash GREEN.
Research & Interview Summary
MONEY, BANKING AND THE FED
Sarbanes-Oxley, Internal Control, and Cash
Reconciliation Copyright © Texas Education Agency, All rights reserved.
Chapter 10 Section 3 Banking Today
LESSON 5-3 Dishonored Checks and Electronic Banking
LESSON 5-3 Dishonored Checks and Electronic Banking
LESSON 5-4 4/14/2019 LESSON 5-4 Petty Cash GREEN.
LO9 Establish a petty cash fund. LO10 Prepare a petty cash report.
LESSON 5-4 4/10/2019 LESSON 5-4 Petty Cash Blue.
LESSON 11-3 Posting from Journals to a General Ledger
LESSON 9-3 Performing Additional Cash Payments Journal Operations
LESSON 5-3 Dishonored Checks and Electronic Banking
Meaning of Money What is it?
Personal Financial Literacy
LESSON 11-3 Posting from Journals to a General Ledger
LESSON 11-3 Posting from Journals to a General Ledger
LESSON 5-3 Dishonored Checks and Electronic Banking
Check Writing Simulation
15/05/2019 CHAPTER 9 MONEY This is the Title Slide R. DELANEY.
PETTY CASH REPORT Date and Custodian Name
LESSON 5-3 Journalizing Dishonored Checks and Electronic Banking
LESSON 5-3 Dishonored Checks and Electronic Banking
LESSON 5-3 Dishonored Checks and Electronic Banking
Presentation transcript:

Different Forms of Financial Exchange How do we pay for things and who is responsible? Have students use different formatting techniques and you can use this is a part of the grade…such as different font styles, sizes, colors, shapes, graphics, etc. Have students add the following information to the title screen: Course Name Their Name(s) Your Name Date

Cash Given Definition… In my own words… Best Time(s) to Use It Ready money, such as money in hand, petty cash (used in businesses), bank account balance, and money market accounts. In my own words… Money that is mine and I can spend anywhere and any time. Best Time(s) to Use It On a date Small item purchases Worst Time to Use it Online purchases When traveling Who is Responsible? The person who has it. Copyright © Texas Education Agency, 2012. All rights reserved.

Copyright © Texas Education Agency, 2012. All rights reserved. Credit Card Given Definition… In my own words… . Best Time(s) to Use It Worst Time to Use it Who is Responsible? . Copyright © Texas Education Agency, 2012. All rights reserved.

Copyright © Texas Education Agency, 2012. All rights reserved. Debit Card Given Definition… In my own words… . Best Time(s) to Use It Worst Time to Use it Who is Responsible? . Copyright © Texas Education Agency, 2012. All rights reserved.

Given Definition… In my own words… Check Given Definition… In my own words… Best Time(s) to Use It Worst Time to Use it Who is Responsible? Copyright © Texas Education Agency, 2012. All rights reserved.

Copyright © Texas Education Agency, 2012. All rights reserved. Auto Draft Given Definition… . In my own words… Best Time(s) to Use It Worst Time to Use it Who is Responsible? Copyright © Texas Education Agency, 2012. All rights reserved.

EFT(Electronic Funds Transfer) Given Definition… . In my own words… Best Time(s) to Use It Worst Time to Use it Who is Responsible? Copyright © Texas Education Agency, 2012. All rights reserved.

Who would be legally responsible for it? Come up with one new form of financial exchange and provide the following information on an additional slide: What do we call it? When can we use it? Who would be legally responsible for it? What would it look like? (you can use the shapes, fills and clip part to create their own form of ‘currency’) Have students use different formatting techniques and you can use this is a part of the grade…such as different font styles, sizes, colors, shapes, graphics, etc. Have students add the following information to the title screen: Course Name Their Name(s) Your Name Date