Economic Math Essentials
Activity Guide
Answer Key
Printed June 2015
Natalie King
NAME:
CASH
CHECKS
0 0
5
0 0
1
0 0
4
0 0
CHECKS FROM
OTHER SIDE
May 25, 2012
DATE
5
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Natalie King
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
LESS CASH
Bank of America
NET DEPOSIT
Enterprise Village
[:000 000:]
NAME:
12345678
19606:]
114
ACCOUNT NUMBER
001
Natalie King
Date:
PAY TO THE
ORDER OF
May 25, 2012
$
EV Sporting Goods
Three and 00/100
DOLLARS
NOT NEGOTIABLE
Bank of America
SAMPLE—VOID
Enterprise Village
For
Natalie King
Tennis Balls
[:000 000:]
12345678
3.00
19607:]
114
Account Number
1
Record all charges or credits that affect your account
Number
Date
Transaction Description
5/20
Deposit
5/25
EV Sporting Goods
Payment /
Debit
Fee
Deposit /
Credit
4 00
Balance
$
0.00
+4 00
4 00
001
3 00
-3 00
1 00
2
Practicing Deposits
Natalie King
NAME:
CASH
CHECKS
May 25, 2016
DATE
5
5 0
5
5 0
1
0 0
4
5 0
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Natalie King
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
LESS CASH
RECEIVED
Bank of America
Enterprise Village
[:000 000:]
12345678
NET DEPOSIT
ACCOUNT NUMBER
19606:]
Answer the following questions using the space provided.
1. Who is making the deposit?
114
Natalie King
May 25, 2016
$5.50
What is the amount of the check she is depositing?
2. What is the date of the deposit?
3.
3
$1.00
114
$4.50
4. How much cash did she receive?
5. What is the account number?
6. What is the net deposit amount?
7. Why did she sign her deposit ticket?
She received cash back
Use the deposit information above to complete this check register.
Record all charges or credits that affect your account
Number
Date
Date
Transaction Description
Payment /
Debit(-)
Deposit
Fee
Deposit /
Credit(+)
4 50
Balance
$
0.00
+ 4 50
4 50
4
Transaction Action
You made $8.50 in cash baby-sitting and received a $12 check for mowing your neighbor’s lawn.
Deposit it all. Complete the deposit ticket and make entries on the checkbook register on page 4.
NAME:
Cititzen’s Name
CASH
1
CHECKS
DATE
Today’s Date
Endorsed
8
5 0
2
0 0
Citizen Alert!
Some deposit
tickets break down
cash into 2
categories,
currency and coins.
Currency refers to
paper money
(bills).
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Bank of America
12345678
0
5 0
2
0
5 0
LESS CASH
Enterprise Village
[:000 000:]
2
NET DEPOSIT
ACCOUNT NUMBER
19606:]
125
5
You received a $25 check for your birthday. You want to deposit $20 and get $5 in cash back to buy a
new book. Complete the deposit ticket and make entries on the checkbook register on page 4.
Citizen’s Name
NAME:
CASH
CHECKS
Today’s Date
Endorsed
DATE
2
5
0 0
2
5
0 0
5
0 0
0
0 0
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Bank of America
LESS CASH
Enterprise Village
[:000 000:]
12345678
NET DEPOSIT
ACCOUNT NUMBER
19606:]
2
125
Citizen Alert!
Your signature on your deposit ticket verifies that you received cash back.
6
19606
NAME: Patsy Small
Date: January 25, 2016
PAY TO THE
ORDER OF
$
Fantastic Cards
Three Dollars and 25/100
DOLLARS
NOT NEGOTIABLE
Bank of America
SAMPLE—VOID
Enterprise Village
For
Pinellas
County,
Birthday card
[:000 000:]
3.25
Patsy Small
12345678
19606:]
Acct #
083
Answer the following questions based on the check above.
Patsy Small
1. Whose name is on this checking account?
_____________________________________
Patsy Small
Bank of America
_____________________________________
Fantastic Cards
_____________________________________
2. Who wrote and signed this check?
_____________________________________
3. From what bank was this check written?
4. To whom was the check written?
7
5. What is the check amount?
6. What is the account number?
7. Why was the check written?
8. What is the check number?
$ 3.25
083
_____________________________________
For:
Birthday Card
_____________________________________
19606
_____________________________________
_____________________________________
9. Enter this information into the following register.
Record all charges or credits that affect your account
Number
Date
1/25/16
Transaction Description
Payment / Debit(-)
Fantastic Cards
3 25
Fee
Deposit / Credit
(+)
Balance
$
10.00
- 3 25
6 75
8
Personal Checks II
Directions: Using today’s date and account number 083, write a personal check for each of the following
purchases. Then enter the information into the check register.
1. A gift from the Main Street Gift Shop for $5.50.
2. A box of envelopes from the Business Supplies Store for $2.00.
NAME:
Citizen’s Name
19612
Date:
Today’s Date
PAY TO THE
Main Street Gift Shop
Five and 50/100 —————
ORDER OF
Bank of America
Gift
[:000 000:]
DOLLARS
NOT NEGOTIABLE
SAMPLE—VOID
DO NOT CASH
Enterprise Village
Pinellas County, Florida
For
$ 5.50
Citizen’s Signature
Acct # 083
19606:]
12345678
9
Citizen’s Name
NAME:
Date:
PAY TO THE
ORDER OF
Business Supplies Store
Two and 00/100
DOLLARS
SAMPLE—VOID
Enterprise Village
Box of Envelopes
[:000 000:]
$ 2.00
NOT NEGOTIABLE
Bank of America
For
Today’s Date
19613
Citizen’s Signature
Acct # 083
12345678
19606:]
Record all charges or credits that affect your account
Number
19612
Date
Date
Transaction Description
Payment / Debit(-)
Main Street Gift Shop
5 50
Fee
Deposit / Credit
(+)
Balance
$
10.00
- 5 50
4 50
19613
Date
Business Supplies Store
2 00
- 2 00
2 50
10
What’s My Balance?
Scenario:
•
Use today’s date and the account number 083.
•
Your checking account balance was $18.00.
•
You deposited a $10.00 check that your aunt sent.
•
Using your debit card, you purchased a toy for your dog
at Bow-Wow Wow! for $2.89.
•
•
Bow-Wow Wow!
Enterprise Village Branch
123-555-5688
08/25/2012…………………..08:46PM
958 4521648 / Fetch Ball
Use the deposit ticket and check register below to enter all
transactions.
What is the new checking account balance?
T
$ 2.70
subtotal
T=FL/Pinellas Tax 7.0000% on 11.68
$ 2.70
.19
Total
$ 2.89
Record all charges or credits that affect your account
Number
Date
Transaction Description
Payment /
Debit
Balance
Fee
Date Deposit
Deposit / Credit
10 00
$
18.00
+ 10 00
28 00
DC
Date Bow-Wow-Wow!
2 89
- 2 89
25 11
11
NAME:
Citizen’s Name
CASH
10 00
CHECKS
DATE
Today’s Date
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
LESS CASH RECEIVED
Bank of America
Enterprise Village
[:000 000:]
12345678
10 00
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
10 00
NET DEPOSIT
ACCOUNT NUMBER
19606:]
12
083
What’s My Balance?
Scenario:
•
Use today’s date and account number 083.
•
Your checkbook register balance is $27.98.
•
You use your debit card to purchase a new belt at
Walt’s
Western World
Enterprise Village Branch
123-555-5688
03/02/2012…………………..2:15 PM
Walt’s Western World for $10.69.
•
When depositing a check for $17.69, you
574-5842
T
$ 9.99
subtotal
T=FL/Pinellas Tax 7.0000% on 9.99
$ 9.99
.70
Brown
requested $1.00 in cash back.
•
Use the deposit ticket and check register below
to enter all transactions.
•
Leather Belt
Total
$10.69
What is your balance?
13
NAME:
Citizen’s Name
CASH
17 69
CHECKS
Today’s Date
DATE
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Endorsed
Bank of America
Enterprise Village
[:000 000:]
12345678
17 69
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
19606:]
LESS CASH
RECEIVED
1 00
NET DEPOSIT
16 69
083
ACCOUNT NUMBER
Record all charges or credits that affect your account
Number
DC
Date
Date
Payment / Debit(-)
Transaction Description
Walt’s Western World
Fee
Deposit / Credit
(+)
10 69
Balance
$
27.98
- 10 69
17 29
Date
Deposit
16 69
+ 16 69
33 98
14
What’s My Balance?
Scenario:
Grant’s Games, Inc.
Enterprise Village Branch
123-555-6289
•
Use today’s date and account number 083.
•
Your checking account balance was $8.82.
•
You deposited your paycheck for $8.82.
•
You purchased a new game with your debit card at Grant’s Games for $3.75.
10/25/2016……………….……..10:45 AM
5468JK456/ 5 in 1 Games
subtotal
T
$ 3.50
$ 3.50
T=FL/Pinellas Tax 7.0000% on 3.75
.25
•
Use the deposit ticket and check register below to enter all transactions.
•
Calculate your new balance.
Citizen’s Name
NAME:
$ 3.75
$ 3.75
CASH
Today’s Date
DATE
Total
*7896 debit total payment
8 82
CHECKS
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
CHECKS FROM
OTHER SIDE
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
8 82
SUBTOTAL
Bank of America
LESS CASH
RECEIVED
Enterprise Village
8 82
NET DEPOSIT
[:000 000:]
12345678
083
Acct #
19606:]
15
NAME:
Citizen’s Name
19613
Today’s Date
Date:
PAY TO THE
Grant’s Games, Inc.
Three and 75/100
3.75
$
ORDER OF
DOLLARS
NOT NEGOTIABLE
Bank of America
SAMPLE—VOID
Enterprise Village
For
[:000 000:]
12345678
19606:]
Acct #
08
Record all charges or credits that affect your account
Number
Date
Date
Payment /
Transaction Description
Deposit
Fee
Deposit /
Credit(+)
8 82
Balance
$
8.82
+ 8 82
17 64
DC
Date
Grant’s Game, Inc.
3 75
- 3 75
13 89
16
What’s My Balance?
Scenario:
•
Use today’s date and account number 083.
•
Your checking account balance was $25.00.
•
You deposited your paycheck for $9.00 received $2.00 back in cash.
•
You purchased the latest Hip Pop Rocker’s CD at Zenith Music Store for $12.50.
•
Use the deposit ticket, check and check register below to enter all transactions.
•
What is your balance?
NAME:
Citizen’s Name
CASH
CHECKS
Today’s Date
DATE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Endorsed
LESS CASH
Bank of America
Enterprise Village
[:000 000:]
NET DEPOSIT
12345678
19606:]
00
9
00
2
00
7
00
CHECKS FROM
OTHER SIDE
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
9
083
ACCOUNT NUMBER
17
Record all charges or credits that affect your account
Number
Date
Payment / Debit(-)
Transaction Description
Date
Fee
Deposit / Credit
(+)
Deposit
Balance
$
7 00
25.00
+ 7 00
32 00
19619
Date
Zenith Music Store
12 50
-12 50
19 50
NAME:
Citizen’s Name
19619
Date:
PAY TO THE
Today’s Date
Zenith Music Store
Twelve and 50/100 ——————
12.50
DOLLARS
NOT NEGOTIABLE
Bank of America
SAMPLE—VOID
Enterprise Village
Citizen’s Signature
Hip Pop Rocker’s CD
For
[:000 000:]
$
12345678
Account Number
19606:]
18
083
What’s My Balance?
Scenario:
•
Your checking account balance was $50.00.
•
Using your ATM card you withdrew $20.00 from
your checking account.
•
You also used your debit card to purchase a DVD at
Mega Mart for $13.38.
Enterprise Village Branch
123-555-7568
05/07/2016…………………..4:15PM
2147483647DVD - comedy
•
T
$ 12.50
Use the receipt to calculate your new checking
account balance.
subtotal
T=FL/Pinellas Tax 7.0000% on 12.50
$12.50
.88
Total
$13.38
*6521 debit total payment
$13.38
19
Record all charges or credits that affect your account
Balance
Payment / Debit
Number
Date
Transaction Description
(-)
Fee
Deposit / Credit
(+)
Date
ATM Withdrawal
20 00
$
50.00
- 20 00
30 00
DC
Date
Mega Mart
13 38
- 13 38
16 62
20
Scenario:
•
Use today’s date.
•
Your account number is 083.
•
Your checking account balance was $15.00.
•
You deposited your paycheck for $8.50.
•
You made an online transfer of $1.50 to your savings account.
•
Use the deposit ticket and check register below to enter all transactions.
•
What is the new checking account balance?
NAME:
DATE
Citizen’s Name
CASH
CHECKS
Today’s Date
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
5 0
8
5 0
8
5 0
CHECKS FROM
OTHER SIDE
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
LESS CASH
Bank of America
Enterprise Village
[:000 000:]
8
NET DEPOSIT
12345678
083
ACCOUNT NUMBER
19606:]
21
Record all charges or credits that affect your account
Number
Date
Date
Transaction Description
Payment / Debit
Deposit
Fee
Deposit / Credit
(+)
8 50
Balance
$
15.00
+ 8 50
23 50
Date
Transfer to Savings—TTS
1 50
- 1 50
22 00
22
What’s My Balance?
Scenario:
CVS
•
Use today’s date and account number 083.
•
Your checkbook register balance is $6.22.
•
You use your debit card to purchase a hat for $4.00 at CVS.
09/17/2016…………………..1:32PM
•
You received your paycheck for $8.22.
2147483647 / PC Sun Hat
•
You made a deposit requesting a $1.00 in cash.
•
Use the deposit ticket and check register below to enter all
Enterprise Village Branch
123-555-5688
T
$ 4.00
Total
$ 4.00
*6521 debit total payment
$ 4.00
transactions.
Receipt ID # 16544v446546 4468454
23
Record all charges or credits that affect your account
Number
DC
Date
Payment / Debit
Transaction Description
Date
CVS
Balance
Fee
Deposit / Credit
6.22
$
4 00
- 4 00
2 22
Date
Deposit
7 22
+ 7 22
9 44
Citizen’s Name
NAME:
CASH
DATE
Today’s Date
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Endorsed
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Enterprise Village
12345678
2 2
8
2 2
LESS CASH
1
0 0
NET DEPOSIT
7
2 2
CHECKS FROM
OTHER SIDE
SUBTOTAL
Bank of America
[:000 000:]
8
CHECKS
ACCOUNT NUMBER
19606:]
24
083
Sample Business Costs
Jim’s Printing Palace Business Costs
SALARIES
STUDENT NAME
SALARY
PAY PERIODS
TOTALSALARY
Manager
$6.00
X
3
=
Financial Officer
$5.50
X
3
=
Graphic Designer 1
$5.00
X
3
=
Graphic Designer 2
$5.00
X
3
=
Sales Associate 1
$5.00
X
3
=
Sales Associate 2
$5.00
X
3
=
$ 18.00
$ 16.50
$ 15.00
$ 15.00
$ 15.00
$ 15.00
Total of All Salaries
$
25
OPERATING COSTS
Mortgage
(Bank of America)
($5.00 to Verizon, Approx. $8.00 to Progress Energy, $2.00 to Water, $2.00 to Recycle)
Utilities
(Ditek)
Supplies
Advertising
($4.00 to Times, $4.00 to MIX 100.7, $4.00 to Verizon, $3.00 to k.tek)
Professional Services (CPA, Attorney, Gov’t officials)
Health Care (Morton Plant Mease)
Support of the Arts ($2.00 to Salvador Dali Art Center)
Equipment
(Bright House Networks)
$ 5.00
$ 17.00
$ 5.00
$ 15.00
$ 6.00
$ 1.00
$ 2.00
$ 2.00
$ 53.00
Total Operating Costs $
Total Business Costs
147.50
(Salaries plus operating costs. Enter this
amount on the first check stub in your
business checkbook.)
+ $5.00
TOTAL AMOUNT OWED TO THE BANK $
INTEREST
$ 152.50
(loan plus interest amount)
26
$ 94.50
Price Setting for an Enterprise Village Business
Directions for pricing your items:
•
Use the Pricing Guide below to price the listed items.
•
Merchandise should never be priced lower than $1. or more than $11. You may use 50¢
increments.
•
When you add the “Amount” column the total should be $40 to $60 over your bank loan.
•
If your total is not $40 to $60 over your bank loan, you must adjust your prices.
Stay within the ranges found in the pricing guide.
27
Pricing Guide
Answers will vary
@@@ = $8 to $11
Pricing
Description
Quantity
@@@
Alien Crayons
3
X
10.50
=
31.50
@
Enterprise Rulers
5
X
2.00
=
10.00
Price Each
Amount
@@ = $5 to $7
@ = $1 to $4
Beach Ball - Penguin
@@
(Inflatable)
4
X
6.50
=
26.00
@@
Laser Yo-Yo
3
X
7.00
=
21.00
@@
Lip Gloss Cell - Phone
3
X
6.50
=
19.50
@
Patriotic Dog Tag
7
X
3.00
=
21.00
@@
Tampa Bay Rays Wig
3
X
7.00
=
21.00
@@
Sports Car Paperweight
3
X
6.50
=
19.50
@@@
HSN Notebook/Pen
3
X
9.00
=
27.00
28
Total
196.50
What’s My Balance?
Scenario:
•
Carol’s
Use today’s date and account number 083.
Card Shack
Enterprise Village Branch
123-555-5688
•
Your checkbook register balance is $5.34.
•
You put your paycheck for $8.82 in the bank
and got $1.00 in cash back.
•
06/25/2016…………………..7:56PM
459842-586/ 48 Patriot Noise T
Makers
Using your debit card, you bought some note
cards at Carol’s Card Shack for $3.50.
•
Use the deposit ticket and check register
below to enter all transactions.
•
What is your balance?
$ 3.25
subtotal
T=FL/Pinellas Tax 7.0000% on 9.45
Total
$ 3.25
.25
$ 3.50
*6891 debit total payment
$ 3.50
Receipt ID # 45284-1255.154
29
Record all charges or credits that affect your account
Number
Date
Transaction Description
Date
Payment / Debit
Balance
Fee
Deposit / Credit (+)
Deposit
$
7 82
5.34
+ 7 82
13 16
DC
Date
Carol’s Card Shack
3 50
- 3 50
9 66
NAME:
DATE
Citizen’s Name
CASH
Today’s Date
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Endorsed
Bank of America
Enterprise Village
12345678
8 82
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
[:000 000:]
8 82
CHECKS
LESS CASH
1 00
NET DEPOSIT
7 82
ACCOUNT NUMBER
19606:]
30
083
What’s My Balance?
Scenario:
•
Use today’s date and account number 083.
•
Your checking account balance was $32.00.
•
Today, you deposited a birthday check for $15.00.
•
Then you used your debit card to purchase a package of tennis
Sam’s
SporƟng Goods
Enterprise Village Branch
123-555-5688
01/25/2016…………………..1:32PM
2147483647 / Tennis Balls Pkg
balls for $2.79 at Sam’s Sporting Goods.
•
Use the deposit ticket and check register below to enter all
T
$ 2.60
subtotal
T=FL/Pinellas Tax 7.0000% on 11.68
$ 2.60
.19
Total
$ 2.79
transactions.
*6521 debit total payment
$ 2.79
Receipt ID # 131546876333-7668951-4354-4
31
NAME:
DATE
Citizen’s Name
CASH
CHECKS
Today’s Date
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
0
0
1
5
0
0
1
5
0
0
LESS CASH
Bank of America
Enterprise Village
12345678
5
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
[:000 000:]
1
NET DEPOSIT
ACCOUNT NUMBER
19606:]
Record all charges or credits that affect your account
Number
Date
Date
Payment /
Debit
Transaction Description
Deposit
Balance
Fee
Deposit / Credit
15 00
$
32.00
+ 15 00
47 00
DC
Date
Sam’s Sporting Goods
2 79
- 2 79
44 21
32
Read the following information and complete check and check register.
On March 14, James Dunn deposited $5 into his checking account. Later that day he
bought a gift for his friend at Macy’s. He wrote a check for $3.75.
111
James Dunn
NAME:
Date: March 14, 2016
PAY TO THE
Macy’s
Three and 75/100 ———-
ORDER OF
Bank of America
DOLLARS
NOT NEGOTIABLE
Enterprise Village
SAMPLE—VOID
James Dunn
Pinellas County, Florida
gift
For
3.75
$
[:000 000:]
12345678
19606:]
Record all charges or credits that affect your account
Number
Date
3/14
Deposit
3/14
Macy’s
Balance
Payment / Debit
Transaction Description
Fee
Deposit / Credit
15.00
$
+ 5.00
5.00
20.00
111
3 75
- 3 75
16 25
33
Use the following information to complete the deposit ticket.
Mark Hill received his $62 paycheck. He’s going to a movie tonight, so he wants to
get $20 cash when he makes his deposit at the bank.
NAME:
Mark Hill
CASH
CHECKS
March 17, 2016
DATE
6
2 0
0
6
2 0
0
2
0 0
0
4
2 0
0
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Mark Hill
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
LESS CASH
EIVED
Bank of America
NET DEPOSIT
Enterprise Village
[:000 000:]
12345678
ACCOUNT NUMBER
19606:]
34
132
Directions: Use the following word bank to complete the story below. Complete the financial forms, too.
balance
checks
endorse
net deposit
bounce
credit card
financial institution
teller
checking account
debit card
interest
transactions
checkbook register
loan
The 5th grade class at Moonbeam Academy was going to Enterprise Village! The principal
asked students to help raise money for the program because there were many expenses, such as
classroom materials and buses. A few students did not want to work on a fundraiser. Scott wanted
institution
loan at a financial
to apply for a
and borrow the money. But,
when you borrow money, you have to pay back the amount you borrow, plus
interest .
That would make the Enterprise Village trip even more expensive! Bob said the school could use
his dad’s
credit
card
and they would have 30 days to pay it back, but that didn’t seem
right either. They would still have to raise the money eventually, so the Moonbeam Academy
students decided to sell pies to raise the money.
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The Parent Club offered to let students use their
checking
account
since they had plenty of deposit tickets to use when depositing money into the account,
and
checks to write when the students needed to withdraw money from the account for their
purchases.
Students bought 300 pies at $5 each from Baker’s Palace and promised to give the baker a
check for $1,500 as soon as they sold all of them. When they sold all the pies for $10 each, they
had $900 in cash and $2,100 in checks. On the deposit ticket, the
net
deposit
was $3,000. (Use today’s date to complete the deposit ticket.)
NAME:
Parent Club
Today’s Date
DATE
CASH
900 00
CHECKS
2100 00
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
Bank of America
3000 00
NET DEPOSIT
Pinellas County, Florida
12345678
0 00
LESS CASH
RECEIVED
Enterprise Village
[:000 000:]
3000 00
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
19606:]
36
ACCOUNT NUMBER
83
The Parent Club treasurer drove them to the bank, and the bank
deposit ticket. The students were concerned the treasurer might have to
teller asked her for the
endorse
the back of each check, but they used a stamp instead.
While the bank teller completed the
transaction
, the treasurer wrote the $1,500
check to Baker’s Palace for the pies. The check looked like this. (Use today’s date to complete the check.)
1501
Parent Club
NAME:
Today’s Date
Date:
PAY TO THE
Baker’s Palace
ORDER OF
$
One thousand five hundred and 00/100 —————-
DOLLARS
NOT NEGOTIABLE
Bank of America
SAMPLE—VOID
Enterprise Village
For
1,500.00
Pies
Susan Witcher (Parent Club Treasurer)
[:000 000:]
12345678
83
Acct #
19606:]
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After they made their deposit and wrote out the check to Baker’s Palace, they remembered
they need $125 to pay back their principal for the trailer he rented to get all the pies to school. The
Parent Club treasurer then used her
debit
card
to withdraw the cash from the bank’s
ATM. As they were leaving the bank, the students realized they had not recorded the check, deposit
check
register . They did not want the
bounce a check, so they recorded all their entries and calculated an
and the ATM transaction in the
Parent Club to possibly
accurate
balance
. (Use today’s date to complete the register below.)
Record all charges or credits that affect your account
Number
Date
Transaction Description
Payment /
Debit(-)
Deposit
Fee
Deposit /
Credit(+)
3,000 00
Balance
$
00.00
3000 00
3000 00
1501
Date
Baker’s Palace
1500 00
-1500 00
1500 00
DC
Date
ATM—Principal
125 00
- 125 00
1375 00
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First Break Practice
During your 1st break you will complete the following task. Using the information we have provided complete the
following task. Circle your choices.
1. Endorse the back of your paycheck. You are paid $5.00
$5.50
$6.00 for a salary.
4. Go to the bank to make your deposit.
5. Use this break to window shop to see
what items you are interested in purchasing and enjoy a snack at McDonald’s!
Endorse Here
3. Fill in your checkbook register to
match the amounts on your deposit
ticket.
XStudent Signature
2. Complete your deposit ticket. Remember you can ask for cash back, but no more than $1.00 in
increments of $0.25. (To use for snacks and/or donations to Unified Giving) At this deposit you request $1.00 cash back for soda and a
snack.
39
Record all charges or credits that affect your account
Number Date
Transaction Description
Date
Deposit / Credit
Balance
Payment / Debit
Deposit
$
Depends on salary
Balance
Citizen’s Name
NAME:
CASH
CHECKS
DATE
Today’s Date
Endorsed
Depends on salary
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Bank of America
LESS CASH RECEIVED
Depends on salary
1 0
0
Enterprise Village
NET DEPOSIT
Pinellas County, Florida
[:000 000:]
12345678
19606:]
ACCOUNT NUMBER
40
Depends on salary
Citizen’s Acct #
Second Break Practice
During your 2nd break you will complete the following task. Using the information you have received about
your salary complete the following practice.
1. Carry over your balance from the 1st break practice sheet.
2. Endorse the back of your paycheck.
3. Complete your deposit ticket. You choose to ask for $.50 cash back .
6. Transfer $1.50 to your savings account
on your checkbook register.
7. Go to the bank to make your deposit.
This is a good time to start shopping
and spending your money!!
Endorse Here
5. You have purchased some pencils from
Bic graphics. These pencils cost
$2.00, record this transaction.
XStudent Signature
4. Fill in your checkbook register to match the amounts on your deposit ticket.
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Balance
Record all charges or credits that affect your account
Number Date
Transaction Description
Date
Deposit / Credit
Balance
Payment / Debit
Deposit
$
Depends on salary
Balance
DC
Date
Bic Graphics
2 00
- 2 00
Balance
Date
TTS
1 50
- 1 50
Balance
Citizen’s Name
NAME:
CASH
CHECKS
DATE
Today’s Date
Endorsed
Depends on salary
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Bank of America
LESS CASH RECEIVED
Depends on salary
5 0
Enterprise Village
NET DEPOSIT
Pinellas County, Florida
[:000 000:]
12345678
19606:]
ACCOUNT NUMBER
42
Depends on salary
Citizen’s Acct #
Third Break Practice
During your 3rd break you will complete the following task. Using the information you have received about your
salary complete the following practice. Circle your choices.
1. Carry over your balance from the 2nd break practice sheet.
4. Fill in your checkbook register to
match the amounts on your deposit
ticket.
$5.00
$5.50
$6.00.
Endorse Here
3. Complete your deposit ticket. The
only reasons you need cash at this
time will to purchase a newspaper for
$0.25 and/or if you want to donate
money to Unified Giving. This time you
deposit your whole paycheck
XStudent Signature
2. Endorse the back of your paycheck. Your salary is
5. Go to the bank to make your deposit.
6. This is the time to make sure you spend ALL of your money. There is no second chance.
43
Record all charges or credits that affect your account
Number Date
Transaction Description
Date
Deposit / Credit
Balance
Balance
Payment / Debit
Deposit
$
Depends on salary
Balance
Citizen’s Name
NAME:
CASH
CHECKS
DATE
Today’s Date
Endorsed
Depends on salary
CHECKS FROM
OTHER SIDE
DEPOSITS MAY NOT BE AVAILABE FOR IMMEDIATE WITHDRAWAL
SUBTOTAL
SIGN HERE IF CASH RECEIVED FROM DEPOSIT
Bank of America
Depends on salary
LESS CASH RECEIVED
Enterprise Village
NET DEPOSIT
Pinellas County, Florida
[:000 000:]
12345678
19606:]
ACCOUNT NUMBER
44
Depends on salary
Citizen’s Acct #
Enterprise Village Quiz
Fill in the banks:
1. What three things must you take to Bank of America on your three breaks?
Deposit Ticket
Paycheck - endorsed
Checkbook Register
Citizen’s Acct #
2. What is your account number?
3. What are the only three businesses where you can use Enterprise Village cash?
McDonald’s
EV Times
Unified Giving
4. How much money will you transfer to savings (TTS) on your second break?
$ 1.50
5. What business do you work for?
6. What is your job title?
Citizen’s Business
Citizen’s Job Title
7. What must you do to the back of your paycheck before depositing it at the bank?
Endorse it
debit
8. After using my
checkbook
on my
card
register
, I must record my purchases
.
9. Where are the only restrooms located in Enterprise Village?
McDonald’s
10.I, Citizen’s Name , pledge to be responsible, respectful, honest, and trustworthy
while at Enterprise Village. If I have any issues I will make sure to find an adult (my
volunteer, my teacher, an Enterprise Village teacher) to address the problem so I do not
get myself into trouble.
46