1. More about checking … Completing the checking packet

2. Deposit slip – page 3 Jan. 3, 2007 667 20 50 00 717 20 717 20 Total Deposit Less Cash Received Total Deposit

3. 1-03 Checkbook register Deposit Paycheck & $50 717 20 717 20 $0 00 717 20

4. Checks Check Example

5. 1. Date—Write the date. 2. Pay to the Order of—Write the name of the person or company to whom you will give the check. After writing the name, you can draw a line to the end. This prevents anyone from adding an additional name on your check. 2 January 8, 2007 National Electric Company 1

6. 3. $--Write the amount of the check in numbers, such as $35.24. 4. Dollars—Write the amount of the check in words, such as thirty five and 24/100. After writing out the amount of the check, draw a line to the end. This prevents anyone from adding an additional amount after what you have written. 3 4 National Electric Company 35.24 Thirty Five and 24/100 ---------- January 8, 2007

7. 5. Memo: You can use this area to remind yourself why you wrote the check or to record the account number of the bill you are paying. 6. Signature line: Sign your name. 6 5 National Electric Company 35.24 Thirty Five and 24/100 ---------- Jan. 3 rd electric bill You signature here January 8, 2007

8. 1-03 Checkbook register Deposit Paycheck & $50 717 00 717 20 $0 00 717 20 1-08 National Electric Co. 1/03 Electric Bill 35 24 681 96 -35 24 101

9. Account Summary Beginning Balance$0.00 Account No. 20793 Ending Balance $160.80 Checking Summary 1/03Deposit$717.20 + 1/08Check 101$35.24 - 1/15Check 103$40.00 - 1/15Check 104$41.80 - 1/19Check 105$120.24 - 1/19Check 107$314.12 - Other Account Activity___ Service Charge$5.00 Account Statement Account Reconcilement PAYMENTS OUTSTANDING No. $ TOTAL 1. Check off entries in register that match entries on statement 2. List the checks and other payments that are still outstanding 3. Subtract bank charges from you checkbook 4. Complete the reconciliation form shown below 102 106 108 24 00 450 00 33 93 507 93 BALANCE SUBTRACT PAYMENTS OUTSTANDING SUB-TOTAL ADD DEPOSITS NOT SHOWN ENDING BALANCE ON STATEMENT 160.80 692.37 853 17 345 24 507 93

10. Account Summary Beginning Balance$0.00 Account No. 20793 Ending Balance $160.80 Checking Summary 1/03Deposit$717.20 + 1/08Check 101$35.24 - 1/15Check 103$40.00 - 1/15Check 104$41.80 - 1/19Check 105$120.24 - 1/19Check 107$314.12 – Other Account Activity Service Charge$5.00 1.Compare your Bank Statement to your checking register and place a check mark next to each check and deposit shown on the statement

11. PAYMENTS OUTSTANDING $ Account Reconcilement No. TOTAL 106 108 450 00 33 93 102 24 00 507 93 2. Any check that is in your register and NOT in your bank statement write in Payments outstanding. (These are checks the bank does not know you wrote, yet.) 1. Check off entries in register that match entries on statement 2. List the checks and other payments that are still outstanding 3. Subtract bank charges from you checkbook. (Complete in checking register) 4. Complete the reconciliation form shown below BALANCE SUBTRACT PAYMENTS OUTSTANDING SUB-TOTAL ADD DEPOSITS NOT SHOWN ENDING BALANCE ON STATEMENT 160.80 692.37 853 17 345 24 507 93 Get this balance from the top of your bank statement. If there is a deposit on your checking register and not on your statement, enter it here. Add the ending balance to the deposits not shown and enter it here +