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 Check Registers.


Here is an example of a the finished check register that we use in the lesson plan.
Students would complete this on there own.
We build in mistakes for them to work on their problem solving skills.

 

 

 

 

 

 

Payment

 

 

Deposits

 

$ 45.67

Number

Date

Description of Transaction

Debit(-)

 

Code

Credits(+)

 

 

31-Dec

Interest

 

 

 

$1.00

 

$46.67

 

 

 

 

 

 

 

 

 

 

31-Dec

ATM Service Charge

$2.00

 

 

 

 

$44.67

 

 

 

 

 

 

 

 

 

110

6-Jan

Pollywog

$5.25

 

 

 

 

$39.42

 

 

 

 

 

 

 

 

 

 

10-Jan

Deposit

 

 

 

$45.00

 

$84.42

 

 

 

 

 

 

 

 

 

111

14-Jan

Wall Painting

$10.50

 

 

 

 

$73.92

 

 

 

 

 

 

 

 

 

112

15-Jan

Perk's

$15.00

 

 

 

 

$58.92

 

 

 

 

 

 

 

 

 

 

17-Jan

Deposit

 

 

 

$56.00

 

$114.92

 

 

 

 

 

 

 

 

 

113

22-Jan

City Swimmers

$25.00

 

 

 

 

$89.92

 

 

 

 

 

 

 

 

 

 

23-Jan

ATM Withdrawal

$10.00

 

 

 

 

$79.92

 

 

 

 

 

 

 

 

 

114

24-Jan

Credit Card

$45.00

 

 

 

 

$34.92

 

 

 

 

 

 

 

 

 

 

26-Jan

Deposit

 

 

 

$30.00

 

$64.92

 

 

 

 

 

 

 

 

 

115

30-Jan

WWW Internet

$9.95

 

 

 

 

$54.97

 

 

 

 

 

 

 

 

 

 

Teaching how to enter transactions into a check register.

 

Teaching a student how to keep a record of their checks and expenditures is the fundamental concept when teaching money management.  By balancing a checkbook, a student learns how to manage money, keep track of expenses and know what their spending limits are.

 

All transactions such as checks written, ATM withdrawals, interest, service charges and deposits should be documented in the register. Missing information, addition, subtraction, transposition of numbers and data entry of wrong numbers are the reasons for most checkbooks do not balance.

 

 

Check Register Explained

 

When using a check to pay for a good or service, be sure to document it in your check register.

 

Use the gray shaded area to mark the transaction and white area for any notes or remarks that you would like to make.  Many people leave a note to remind them what the payment was actually for.

 

For example:

 

Writing a check or using an ATM

 

On December 02, Frank purchased a foot pump from Tim's Sports Shop. It cost Frank $7.95. He paid $7.95 from his checking account using check number 115.

 

Step 1.            Write the check number in the left column.

Step 2.             Write the date in the second column.

Step 3.             Write to whom the check was paid to, in this case it is Tim's Sports Shop.

Step 4.             Write a note to yourself "foot pump"

Step 5.             Write the amount of the check in the Payment / Debit Column.

Step 6.             Subtract the payment from the balance and write that number in the last column.

 

Making a Deposit

 

Step 1.             Write the date, description and the amount in the Deposits / Credit Column.

Step 2.             Add the deposited amount into the current balance ($ 25.00 + $ 92.05).

Step 3.             Write the new balance into the last column.

 

More about the Check Writing Lesson Plan

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