1. Check It Out When you receive a paycheck, you may want to have a checking account. Do you have a checking account?

2. Lesson Objective Calculate the balance in a check register. Content Vocabulary check register balance check register A record of checking account deposits, withdrawal, and electronic transfers. balance The amount of money you have in an account.

4. Find the new balance after each check or deposit. Balance: $542.62 Deposit: $125.00 New Balance: Amount of Check: $74.38 New Balance: Example 1

5. Balance: $542.62 Deposit: $125.00 New Balance: Amount of Check: $74.38 New Balance: Example 1 Answer Balance + Deposit = $542.62 + $125.00 = $667.62 New Balance – Check = $667.62 – $74.38 = $593.24

6. Find the new balance after each check or deposit. Balance: $197.23 Amount of Check: $48.72 New Balance: Amount of Check: $17.49 New Balance: Example 2

7. Balance: $197.23 Amount of Check: $48.72 Balance: Amount of Check: $17.49 Balance: Example 2 Answer Balance - Check= $197.23 - $48.72= $148.51 Balance - Check= $148.51 - $17.49=$131.02

8. The previous balance in your check register is $345.98. You make a deposit of $75.00. You write a check for $45.00. What is your new balance? Example 3

9. Step: Figure out the balance. Example 3 Answer $345.98 + $75.00 – $45.00 =$375.98 Balance + Deposit - Check=

10. Margaret Millers checking account had a balance of $313.54. She wrote a check for $45.78 on March 2. On March 5 the bank made an automatic transfer (AT) of $52.55. She made a deposit of $240.32 on March 10. What is the new balance in Millers account? Example 4

11. Step: Figure out the balance. Example 4 Answer