OPENING DEPOSIT CashPaycheck  In your checkbook deposit your paycheck plus $50.00 cash.

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Presentation transcript:

OPENING DEPOSIT CashPaycheck  In your checkbook deposit your paycheck plus $50.00 cash

CHECK 101

CHECK 102

CHECK103

CHECK 104

CHECK 105

CHECK 106

DEPOSIT  You take out $60.00 cash

CHECK 107

CHECK 108

TIME TO RECONCILE  Download it from your SimBank Account - Your Account Number is : Your Username is: flanagand and your Password is: 3456 Click on “Checking” then scroll down to “Download Transactions” and “Download CSV” Complete the Excel document to reconcile your register with the bank statement. Save as “YourName January” and digitally drop into the Inbox for the teacher to grade.

CHECK 109

CHECK 110

CHECK 111

CHECK 112

CHECK 113

DEPOSIT FEB 11  Make the Deposit (see attached illustration) by filling out the deposit ticket. The check for $ is your regular bi-weekly paycheck; the second check for $80.00 is from your part-time sales job. Record this transaction in your register.

CHECK 114

RECORD AN ATM WITHDRAW $50.00

CHECK 115

TIME TO RECONCILE  You’ve now received your notice from the bank that your statement for February is ready!  Download it from your SimBank Account -  Your Account Number is: Your Username is: flanagand and your Password is: 3456  Click “Checking” then “Submit” to see February transactions. Scroll down to “Download Transactions” and “Download CSV”  Complete the Excel document to reconcile your register with the bank statement.  Save as “YourName February” and digitally drop into the Inbox for the teacher to grade.

CHECK 116

CHECK 117

$  MARCH 4LAST MONTH YOU APPLIED FOR A LOAN FOR THE PURCHASE OF A USED CAR. YOUR LOAN APPLICATION WAS APPROVED AND TODAY YOU ELECTRONICALLY RECEIVED THE DEPOSITED AMOUNT IN YOUR CHECKING ACCOUNT FOR $4, RECORD IT IN YOUR REGISTER

TRANSFER $2, FROM SAVINGS TO CHECKING

CHECK 118

CHECK 119

CHECK 120

CHECK 121

CHECK 122

MARCH 22 TRANSFER FROM SAVINGS TO CHECKING

CHECK 123

CHECK 124

TIME TO RECONCILE  March 31You’ve now received your notice from the bank that your statement for March is ready!  Download it from your SimBank Account-  Your Account Number is : Your Username is: flanagand and your Password is: 3456  Click on “Checking” then “Submit” twice to see March transactions.  Scroll down to “Download Transactions” and “Download CSV”  Complete the Excel document to reconcile your register with the bank statement.  Save as “YourName March” and digitally drop into the Inbox for the teacher to grade

CHECK 125

CHECK 126

DEPOSIT  You’ve made a deposit on April 13th. The check is your bi-weekly paycheck for $612.57; the second check of $85.25 is from a neighbor who bought two chairs from you at a yard sale. Record it in your register

CHECK 127

NOTICE:  April 25  The check for $85.25 you deposited on April 13th is being returned to you due to insufficient funds. You returned the check to the neighbor who wrote it and at your request, they gave you cash. You record this transaction in your register. (TIP: This transaction will decrease your account balance)

CHECK 128

CHECK 129

CHECK 130

APRIL 27 TH DEPOSIT YOU HAVE MADE A DEPOSIT ON APRIL 27TH. THE CHECK IS YOUR REGULAR BI-WEEKLY PAYCHECK FOR $ AND YOU TOOK $30.00 CASH FROM THE DEPOSIT FOR SPENDING MONEY. RECORD THIS TRANSACTION IN YOUR REGISTER.

CHECK 131

TIME TO RECONCILE  April 30You’ve now received your notice from the bank that your statement for April is ready!  Download it from your SimBank Account-  Your Account Number is : Your Username is: flanagand and your Password is: 3456  Click on “Checking” then “Submit” three times to see April transactions.  Scroll down to “Download Transactions” and “Download CSV”  Complete the Excel document to reconcile your register with the bank statement.  Save as “YourName April” and digitally drop into the Inbox for the teacher to grade.