CECsst.230


TITLE:  Check Balancing

AUTHOR:  Cece O'Keefe, Natrona County High School:
         Casper,Wyoming

GRADE LEVEL/SUBJECT:  11, Economics,
                      Modern American Studies

OBJECTIVE:  To give students the opportunity to get familiar
with balancing a check book.

RESOURCES/MATERIALS:  Examples of a check statement and a
checkbook ledger sheet

ACTIVITIES AND PROCEDURES:  After discussing the use of
checks, how to write them, and the importance of balancing
them, allow the students to try to balance a statement on
their own by giving them a handout of a checkbook statement.

TIME:  One class period.

EVALUATION:  Correct their handouts.

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Example of a Handout:

                  RECORDING CHECK WRITING
        TRANSACTIONS AND DEPOSITS IN YOUR CHECKBOOK

DIRECTIONS:  Complete each of the numbered steps listed
below.

1.   On the first line of your checkbook ledger write in the
     words Beginning Balance or previous Balance under the
     heading Transaction and under the heading Balance write
     in the amount $199.90.

2.   Check #3430 was written on January 17, 1991 in the
     amount of $10.87 to Albertson's.

3.   Check #3431 was written on January 17, 1991 in the
     amount of $8.46 to Jean's Fabrics.

4.   Check #3432 was written on January 20 1991 in the
     amount of $15.00 to Sharon Harbin.

5.   Check #3433 was written on January 22, 1991 in the
     amount of $22.17 to Ms. DeMarcos.

6.   A deposit was made on February 1, 1991 in the amount of
     $250.00.

7.   Check #3434 was written on February 9, 1991 in the
     amount of $31.87 to Jean's Fabrics.

This is a short example of a worksheet -- your own bank
statement may be used.