Aim how can we balance our checkbook accurately to keep a record of our finances
Download
1 / 8

Aim: How can we balance our checkbook accurately to keep a record of our finances? - PowerPoint PPT Presentation


  • 76 Views
  • Uploaded on

Aim: How can we balance our checkbook accurately to keep a record of our finances? . Do Now: 1. Get calculator 2. Kelly is a bank teller. She earns $13.50 per hour. How many hours per week must she work if she wants to earn at least $550.00 per week?. Tuesday Oct. 14, 2013. Calculating pay:.

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Aim: How can we balance our checkbook accurately to keep a record of our finances?' - yukio


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Aim how can we balance our checkbook accurately to keep a record of our finances

Aim: How can we balance our checkbook accurately to keep a record of our finances?

Do Now: 1. Get calculator

2. Kelly is a bank teller. She earns $13.50 per hour. How many hours per week must she work if she wants to earn at least $550.00 per week?

Tuesday Oct. 14, 2013


Calculating pay
Calculating pay: record of our finances?

  • Marneyis a sales associate. She earns an hourly rate of $9.40 and time and a half if she works any overtime. Last week she worked 28 hours plus 6 hours overtime. What is Marney’s:

    a) straight-time pay

    b) overtime pay

    c) total pay


Checking accounts

Aim: How can we balance our checkbook accurately to keep a record of our finances?

Checking Accounts:

Checking accounts are used for depositing

currency and checks and for writing checks to

pay expenses. A checking account is a safe

place to hold money, and its records provide

information for tracking expenses.

Terms

  • Currency

  • Deposit


Transaction vocabulary

Aim: How can we balance our checkbook accurately to keep a record of our finances?

Transaction Vocabulary

Checks, currency or coins put into a bank account: ____________

Taking money out of a bank account: ________


Bank statements reconciliations

Aim: How can we balance our checkbook accurately to keep a record of our finances?

Bank Statements/Reconciliations

In the present day most people have moved

away from using a checkbook to balance their

account.

Why is it important to check the bank

statement/reconciliation if you are not going to

use a checkbook?


Checking for understanding

Aim: How can we balance our checkbook accurately to keep a record of our finances?

Checking for Understanding

Christopher’s checking account has a beginning balance of $576.34. He wrote two checks. The first one was for $123.90. he forgot to record the second check in his checkbook. His current balance is $235.78. What was the amount of the second check?


Calculating pay1
Calculating pay: record of our finances?

  • Mariana is a licensed physical therapist assistant. She earns an hourly rate of $10.50 and time and a half if she works any overtime. Last week she worked 21 hours plus 4 hours overtime. What is Mariana’s:

    a) straight-time pay

    b) overtime pay

    c) total pay