1. Chapter © 2010 South-Western, Cengage Learning Checking Accounts and Banking Services 9.1 9.1Checking Accounts Checkbook Practice 9

2. © 2010 South-Western, Cengage Learning SLIDE 2 Chapter 9 Standard 2.0 Evaluate practices for successful money management. 2.4Understand banking procedures and services. a.Checking and savings accounts (maintaining and reconciling) Goals Complete a signature card Learn to write checks Complete deposit forms Maintain check registry

3. © 2010 South-Western, Cengage Learning SLIDE 3 Chapter 9 Opening a Checking Account Signature authorization form Initial deposit

4. © 2010 South-Western, Cengage Learning Signature card SLIDE 4 Chapter 9

5. © 2010 South-Western, Cengage Learning Deposit Slip Coins $.75 Bills $12.00 Check $450 Check $100 Withdrawal $50 SLIDE 5 Chapter 9

6. © 2010 South-Western, Cengage Learning SLIDE 6 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 4/8/14 Initial Deposit 512.75

7. © 2010 South-Western, Cengage Learning SLIDE 7 Chapter 9 Parts of a Check Check Number ABA Number Name and Address of Maker Date PayeeNumeric Amount Written Amount Signature Account and Routing Numbers Memo

8. © 2010 South-Western, Cengage Learning Write a check to the 1 st person to your right for $50.00 for car detailing, use 4/9/14 as the date, number the check 101 SLIDE 8 Chapter 9

9. © 2010 South-Western, Cengage Learning SLIDE 9 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 4/1/14 Initial Deposit 512.75 101 4/9/14 Student’s Name Auto detailing 50.00 462.75

10. © 2010 South-Western, Cengage Learning Write a check to the 2 nd person to your right for $125.45 for tutor fees, use 4/10/14 as the date, number the check 102 SLIDE 10 Chapter 9

11. © 2010 South-Western, Cengage Learning SLIDE 11 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 4/8/14 Initial Deposit 512.75 101 4/9/14 Student’s Name Auto detailing 50.00 462.75 102 4/10/14 Student’s Name 125.45 -125.45 Tutor fees 337.30

12. © 2010 South-Western, Cengage Learning Write a check to the 3rd person to your right for $25.00 for used IPod, use 4/11/14 as the date, number the check 103 SLIDE 12 Chapter 9

13. © 2010 South-Western, Cengage Learning SLIDE 13 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 4/8/14 Initial Deposit 512.75 101 4/9/14 Student’s Name Auto detailing 50.00 462.75 102 4/10/14 Student’s Name 125.45 -125.45 Tutor fees 337.30 103 4/11/14 Student’s name IPod 25.00 312.30

14. © 2010 South-Western, Cengage Learning SLIDE 14 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 4/8/14 Initial Deposit 512.75 101 4/9/14 Student’s Name Auto detailing 50.00 462.75 102 4/10/14 Student’s Name 125.45 -125.45 Tutor fees 337.30 103 4/11/14 Student’s name IPod 25.00 312.30 4/12/14 ATM 40.00 272.30 4/25/14 Bank fee 9.99 262.31 1.Record a debit card cash withdrawal from an ATM for $40.00 Dated 4/12/14 2.Record a bank fee of $9.99 4/25/14

15. © 2010 South-Western, Cengage Learning SLIDE 15 Chapter 9 1.Use a Blank Endorsement on check 101 2.Use a Special Endorsement on check 102 assigned to the student to your left 3.Use a Restricted Endorsement check 103 4.Complete a deposit slip date 4/26/14

16. © 2010 South-Western, Cengage Learning SLIDE 16 Chapter 9 Check Register NumberDateDescription of TransactionCDebit (-)Credit (+)Balance 11/3/13 Initial Deposit 512.75 101 11/4/13 Student’s Name Auto detailing 50.00 462.75 102 11/5/13 Student’s Name 125.45 -125.45 Tutor fees 337.30 103 11/6/13 Student’s name IPod 25.00 312.30 11/6/13 ATM 40.00 272.30 11/25/13 Bank fee 9.99 262.31 11/25/13Deposit 200.45462.76