1. SECTION
4-3
Check Registers pp

2. Section Objective
Figure out:
the balance in a check register

3. Key Words to Know check register (p. 172)
A record you keep of your checking account deposits, withdrawals, and transfers.
balance (p. 172)
The amount of money you have in an account.

4. Formula How do I calculate the new balance? Step 1: Step 2:
New = Previous – Check – Automatic
Balance Balance Amount Transfers
Step 2:
New Balance = Previous Balance + Deposit Amounts

5. Example 1
The previous balance in your check register is $ You make a deposit of $ You write a check for $45.00.
What is your new balance?

6. Example 1 Answer Step: Figure out the balance.
$ $75.00 – $45.00 = $375.98

7. Example 2
Marissa Miller’s checking account had a balance of $ She wrote a check for $45.78 on March 2. On March 5 the bank made an automatic transfer (AT) of $ She made a deposit of $ on March 10.
What is the new balance in Miller’s account?

8. Example 2 Answer
Step: Figure out the balance.

9. Practice 1 Find the new balance after each check or deposit.
Amount of Check: $74.38

10. Practice 1 Answer Balance: $542.62 Deposit: $125.00
New Balance: $667.62
Amount of Check: $74.38
New Balance: $593.24

11. Practice 2 Find the new balance after each check or deposit.
Amount of Check: $48.72
New Balance:
Amount of Check: $17.49

12. Practice 2 Answer Balance: $197.23 Amount of Check: $48.72

13. Homework
Pg : 5-12
END OF SECTION
4-3
Check Registers