Post on 05-Apr-2018
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 1 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Opening a Checking Account
Account Holder Name: Smith, Sally S. Social Security Number: 000-00-0000 Mailing Address: 500 Great Street Yourtown, MT 55555 Telephone Number: (406) 555-5555 Number of Signatures Required: 1
Signatures of Authorized Individual(s)
X Sally S. Smith
Signature Card Guardian Angel Banking Acct. # 1234567890
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 2 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
September Paychecks - Side A
Piggly Wiggly Pay Period 9/1/2003-9/15/2003Employee Smith, Sally
SSN 000-00-0000
Check # 1244
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$127.50 $80.24 $189.72 $44.37
Totals $25.99 $441.83
Piggly Wiggly Pay Period 8/1/2003-8/31/2003Employee Smith, Sally
SSN 000-00-0000
Check # 1234
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$120.00 $75.52 $178.56 $41.76
Totals $25.99 $415.84
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1234
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
September 1, 2003
Memo September Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1244
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
September 16, 2003
Memo September Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
0123456789 : 0987654321 : 1234
0123456789 : 0987654321 : 1244
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 3 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
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RE
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D FO
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Endorse H
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X
DO
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RE
SER
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D FO
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AN
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L INST
ITU
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Endorse H
ere
September Paychecks - Side B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 4 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Piggly Wiggly Pay Period 10/1/2003-10/15/2003Employee Smith, Sally
SSN 000-00-0000
Check # 1284
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$142.50 $89.68 $212.04 $49.59
Totals $25.99 $493.81
Piggly Wiggly Pay Period 9/16/2003-9/30/2003Employee Smith, Sally
SSN 000-00-0000
Check # 1264
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$135.00 $84.96 $200.88 $46.98
Totals $25.99 $467.82
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1264
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 1, 2003
Memo October Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1284
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 16, 2003
Memo October Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
October Paychecks - Side A
0123456789 : 0987654321 : 1284
0123456789 : 0987654321 : 1264
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 5 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
October Paychecks - Side B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 6 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Piggly Wiggly Pay Period 11/1/2003-11/16/2003
Employee Smith, Sally
SSN 000-00-0000
Check # 1324
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$157.50 $99.12 $234.36 $54.81
Totals $25.99 $545.79
Piggly Wiggly Pay Period 10/16/2003-10/31/2003Employee Smith, Sally
SSN 000-00-0000
Check # 1304
Check Amount $154.01
Employee Address 500 Great Street Yourtown, MT 55555 Hours Worked 30.00 Hourly Rate $6.00
Pay Type-Gross Pay
Deductions Current Year-to-date
$180.00 Federal Withholding State Withholding Social Security Medicare
$7.50 $4.72 $11.16 $2.61
$150.00 $94.40 $223.20 $52.20
Totals $25.99 $519.80
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1304
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
November 1, 2003
Memo November Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
Date
Piggly Wiggly Main Street Yourtown, MT 55555
1324
Dollars
$154.01
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
November 16, 2003
Memo November Paycheck Piggly Wiggly
One Hundred Fifty-Four and 01/100
Pay to the Order of:
November Paychecks - Side A
0123456789 : 0987654321 : 1304
0123456789 : 0987654321 : 1324
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 7 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
November Paychecks - Side B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 8 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Birthday Checks - Side A
Date
Memo
Paula Smith 700 Friendly Boulevard Yourtown, MT 55555
5678
Dollars
$40.00
99-123-4789 78945612377
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 4, 2003
Birthday Gift Paula Smith
Forty and no/100
Pay to the Order of:
0123456789 : 1212121212 : 5678
Date
Memo
Anna Anderson 341 56th Street Yourtown, MT 55555
1125
Dollars
$35.00
11-865-2524 65432198711
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 4, 2003
Birthday Gift Anna Anderson
thirty-five and no/100
Pay to the Order of:
0123456789 : 3434343434 : 1125
Date
Memo
Henry T. White 100 8th Avenue South Yourtown, MT 55555
2426
Dollars
$50.00
88-321-9875 74185296385
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 4, 2003
Birthday Gift Henry T. White
Fifty and no/100
Pay to the Order of:
0123456789 : 5656565656 : 2426
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 9 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Birthday Checks - Side B
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
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AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 10 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Alan Smith 900 Water Way Yourtown, MT 55555
691
Dollars
$50.00
99-123-4789 78945612377
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Sally Smith
October 4, 2003
Birthday Gift Alan Smith
fifty and no/100
Pay to the Order of:
Birthday Checks 2 - Side A
0123456789 : 7878787878 : 691
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 11 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
X
DO
NO
T W
RIT
E, ST
AM
P O
R SIG
N B
ELO
W T
HIS LIN
E
RE
SER
VE
D FO
R FIN
AN
CIA
L INST
ITU
TIO
N U
SE
Endorse H
ere
Birthday Checks 2 - Side B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 12 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Deposit Tickets - Side A
Stud
ent P
acke
t Par
t 2
© F
amily
Eco
nom
ics &
Fin
anci
al E
duca
tion
– R
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004
– F
inan
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Inst
itutio
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Che
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imul
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Pag
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Fu
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a gr
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Tak
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Inc.
to th
e N
orto
n Sc
hool
of F
amily
and
Con
sum
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cien
ces a
t the
Uni
vers
ity o
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zona
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
Dep
osit
Tic
kets
- Si
de B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 14 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Deposit Tickets 2 - Side A
Stud
ent P
acke
t Par
t 2
© F
amily
Eco
nom
ics &
Fin
anci
al E
duca
tion
– R
evis
ed O
ctob
er 2
004
– F
inan
cial
Inst
itutio
ns U
nit –
Che
ckin
g A
ccou
nt S
imul
atio
n –
Pag
e 15
Fu
nded
by
a gr
ant f
rom
Tak
e C
harg
e A
mer
ica,
Inc.
to th
e N
orto
n Sc
hool
of F
amily
and
Con
sum
er S
cien
ces a
t the
Uni
vers
ity o
f Ari
zona
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
CHECKS LIST SINGLY
Dollars Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TOTAL ENTER ON FRONT
$
Dep
osit
Tic
kets
2 -
Side
B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 16 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Sally Smith 500 Great Street Yourtown, MT 55555
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Deposit Ticket
0123456789 : 1234567890 "
Date
CASH Dollars Cents
CHECKS LIST SINGLY
TOTAL FROM OTHER SIDE
SUBTOTAL
* Less Cash Received
NET DEPOSIT $
SIGN HERE FOR CASH RECEIVED
DEPOSITS MAY NOT BE AVAILABLE FOR IMMEDIATE WITHDRAWAL
Deposit Tickets 3 - Side A
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 17 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
CH
EC
KS
LIST S
ING
LY
Dollars
Cents
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
TO
TA
L E
NT
ER O
N F
RO
NT
$
Deposit Tickets 3 - Side B
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 18 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
500
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order Of
0123456789 : 1234567890 : 500
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
501
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order Of
0123456789 : 1234567890 : 501
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
502
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order Of
0123456789 : 1234567890 : 502
Personal Checks 500 - 502
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 19 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
503
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 503
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
504
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 504
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
505
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 505
Personal Checks 503 - 505
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 20 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
506
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 506
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
507
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 507
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
508
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 508
Personal Checks 506 - 508
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 21 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
509
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 509
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
510
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 510
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
511
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 511
Personal Checks 509 - 511
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 22 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
512
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 512
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
513
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 513
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
514
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 514
Personal Checks 512 - 514
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 23 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
515
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 515
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
516
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 516
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
517
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 517
Personal Checks 515 - 517
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 24 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
518
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 518
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
519
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 519
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
520
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 520
Personal Checks 518 - 520
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 25 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
521
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 521
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
522
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 522
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
523
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 523
Personal Checks 521 - 523
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 26 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
524
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 524
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
525
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 525
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
526
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 526
Personal Checks 524 - 526
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 27 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
527
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 527
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
528
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 528
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
529
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 529
Personal Checks 527 - 529
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 28 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Date
Memo
Sally Smith 500 Great Street Yourtown, MT 55555
530
Dollars
$
93-456-9540 45086244786
Guardian Angel Banking 423 South 15th Yourtown, MT 55555
Pay to the Order of
0123456789 : 1234567890 : 530
Personal Checks 530
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 29 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
DATE NUMBER DESCRIPTION OF TRANSACTION
PAYMENT/DEBIT (-)
DEPOSIT/CREDIT (+)
√ T
FEE (IF
ANY)
BALANCE
$
$ $ $
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT
Check Register 1
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 30 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
DATE NUMBER DESCRIPTION OF TRANSACTION
PAYMENT/DEBIT (-)
DEPOSIT/CREDIT (+)
√ T
FEE (IF
ANY)
BALANCE
$
$ $ $
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT
Check Register 2
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 31 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
DATE NUMBER DESCRIPTION OF TRANSACTION
PAYMENT/DEBIT (-)
DEPOSIT/CREDIT (+)
√ T
FEE (IF
ANY)
BALANCE
$
$ $ $
RECORD ALL CHARGES OR CREDITS THAT AFFECT YOUR ACCOUNT
Check Register 3
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 32 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
STATEMENT FOR: SALLY SMITH 500 GREAT STREET YOURTOWN, MT 55555
GUARDIAN ANGEL BANKING 423 SOUTH 15TH YOURTOWN, MT 55555
THIS STATEMENT COVERS: 9/1/03 THROUGH 9/30/03
Opening Account Balance on 8/31 $200.00 Total Deposits $308.02 + Total Withdrawals $414.18- New Balance $ 93.84
CHECKING ACCOUNT #1234567890
DEPOSITS AND OTHER CREDITS
Date Posted Transaction Amount 9/3 Deposit at South 15th Branch $154.01 9/17 Deposit at South 15th Branch $154.01 Total Deposits $308.02
WITHDRAWALS Date Posted Check # Amount 9/4 500 $79.40 9/5 501 $15.78 9/9 502 $30.00 9/9 Debit Card The Clothing Store $78.60 9/10 503 $ 9.50 9/16 504 $ 3.99 9/16 ATM #125 Cash Withdrawal $40.00 9/18 505 $16.92 9/20 506 $ 5.00 9/23 Debit Card Theater Square $10.00 9/27 *508 $49.99 9/30 Debit Card Formal Wear $75.00 Total Withdrawals $414.18
September 2003 Statement
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 33 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Reconciling a Checking Account
Withdrawals Outstanding
Number Amount
Total
Deposits Outstanding
Date Amount
Total
ENTER Bank Statement Balance $ ADD (+) Outstanding Deposits $ SUBTOTAL (=) $ SUBTRACT (-) Outstanding Withdrawals $ CALCULATE (=) Total should be the same as the checkbook register $
Reconciling September 2003 Worksheet
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 34 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
STATEMENT FOR: SALLY SMITH 500 GREAT STREET YOURTOWN, MT 55555
GUARDIAN ANGEL BANKING 423 SOUTH 15TH YOURTOWN, MT 55555
THIS STATEMENT COVERS: 10/1/03 THROUGH 10/31/03
Previous Statement Balance on 9/30 $ 93.84 Total Deposits $483.02+ Total Withdrawals $320.99- New Balance $255.87
CHECKING ACCOUNT #1234567890
DEPOSITS AND OTHER CREDITS
Date Posted Transaction Amount 10/2 Deposit at South 15th Branch $154.01 10/5 Deposit at South 15th Branch $175.00 10/18 Deposit at South 15th Branch $154.01 Total Deposits $483.02
WITHDRAWALS Date Posted Check # Amount 10/1 *507 $12.50 10/1 *509 $20.00 10/1 Debit Card SuperMart $14.75 10/3 510 $79.40 10/5 Debit Card Gas ‘N’ Go $14.79 10/10 511 $20.00 10/11 512 $26.00 10/15 *514 $10.00 10/21 ATM #579 Cash Withdrawal $61.50 10/21 Non-Financial ATM Service Charge $ 2.00 10/22 Debit Card The Main Video $ 7.50 10/25 *516 $17.55 10/30 *518 $35.00 Total Withdrawals $320.99
October 2003 Statement
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 35 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Withdrawals Outstanding
Number Amount
Total
Deposits Outstanding
Date Amount
Total
ENTER Bank Statement Balance $ ADD (+) Outstanding Deposits $ SUBTOTAL (=) $ SUBTRACT (-) Outstanding Withdrawals $ CALCULATE (=) Total should be the same as the checkbook register $
Reconciling October 2003 Worksheet
Reconciling a Checking Account
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 36 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
STATEMENT FOR: SALLY SMITH 500 GREAT STREET YOURTOWN, MT 55555
GUARDIAN ANGEL BANKING 423 SOUTH 15TH YOURTOWN, MT 55555
THIS STATEMENT COVERS: 11/1/03 THROUGH 11/30/03
Previous Statement Balance on 10/31 $255.87 Total Deposits $308.02 + Total Withdrawals $542.64- New Balance $ 21.25
CHECKING ACCOUNT #1234567890
DEPOSITS AND OTHER CREDITS
Date Posted Transaction Amount 11/3 Deposit at South 15th Branch $154.01 11/19 Deposit at South 15th Branch $154.01 Total Deposits $308.02
WITHDRAWALS Date Posted Check # Amount 11/1 *513 $129.98 11/1 *515 $ 25.00 11/1 *517 $ 10.00 11/1 Debit Card S.T. Bookstore $ 15.45 11/4 519 $ 79.40 11/9 520 $100.00 11/12 521 $ 16.15 11/15 *523 $ 3.99 11/19 524 $ 14.00 11/21 525 $ 7.75 11/22 526 $ 15.95 11/25 527 $ 26.50 11/25 Debit Card Theater Square $ 10.00 11/26 528 $ 16.97 11/27 529 $ 16.15 11/29 530 $ 55.35 Total Withdrawals $542.64
November 2003 Bank Statement
Student Packet Part 2
© Family Economics & Financial Education – Revised October 2004 – Financial Institutions Unit – Checking Account Simulation – Page 37 Funded by a grant from Take Charge America, Inc. to the Norton School of Family and Consumer Sciences at the University of Arizona
Withdrawals Outstanding
Number Amount
Total
Deposits Outstanding
Date Amount
Total
ENTER Bank Statement Balance $ ADD (+) Outstanding Deposits $ SUBTOTAL (=) $ SUBTRACT (-) Outstanding Withdrawals $ CALCULATE (=) Total should be the same as the checkbook register $
Reconciling November 2003 Worksheet
Reconciling a Checking Account