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Checking Account - Check Registers 1 When you have a checking account, you will need to keep a Formula for Calculating check register. A check
Checking Account - Check Registers 1 When you have a checking account, you will need to keep a Formula for Calculating check register. A check register is used to record all the Your Check Register Balance checks written against your checking account as well as all the deposits going into your checking account. The check Previous Balance - Check Amount = New Balance register will have a running balance. Every time you write a check, you subtract the amount from your balance. Every Previous Balance - Deposit Amount - New Balance time you deposit money into your account, you add the amount to your balance. Directions: Complete the check registers below and answer the questions. Deposit Description Balance Forward Hillcrest Water Association Deposit - Payroll Check Henderson Electric Check Amount Check # Date Amount Balance 32 26 256 1225 9/25 9/30 10/1 46821 257 121 14 1. The above check register belongs to Maggie Smithfield. What is her checking account balance after depositing her payroll check? 2. What is Maggie's ending balance? Check # Date Description Check Deposit Amount Amount Balance Forward -- 14 87 694 67 Balance 14832 1452 8/25 9/1 Sanderson Deli Deposit Cash JC Penny Gilreath's Tire 1453 9/10 254 32 1454 9/11 168 51 3. The above check register is for Michael Hall. What is his beginning balance? 4. What is Michael's balance after going to the tire shop? 5. What is Michael's balance after making a deposit
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