5. Deposit “ OH YEAH ! ! ! I’ve got MONEY, MONEY, MONEY! I’m going to deposit it in the bank for safe keeping! Depositing money is when we ADD money to our bank account. This keeps our money safe so we don’t lose it! No worries, we can withdraw it whenever we want! Well, when the bank is open at least!
6. Deposit Slip NOTICE!! This dark line is like a decimal. Everything on the other side is the “CHANGE”
7. Withdrawal “ I’m HUNGRY!!!!!” I need to withdraw some money out of the bank to buy food! When we withdraw, we are SUBTRACTING money out of our bank account. Always monitor how much is in your account!
10. Situation Johnny has $22 in cash. He also has a $30 paycheck. On his deposit slip he puts $10 in the less cash section. $22 CASH $30 PAYCHECK Why would he take $10 out in cash when he is depositing $22 in cash?????? He should take $10 out of the $22 he already has BEFORE depositing any money.
11. Net Deposit “ Ok. My paycheck is $30, BUT of that $30 I want $10 to keep in my wallet. The $10 is where I write less cash. $30 - $10 = $20 $20 is his NET DEPOSIT !
12. Filling out a Deposit Slip Trevor Drescher 139966 9/16/09 8 4 0 0 Add up all your checks and cash! If you want some money, you can withdraw it at the same time! Take subtotal and subtract less cash to find your net deposit 1 0 8 0 0 4 0 0 0 2 4 0 0 6 8 0 0
15. Banking Detectives: Case 2 139966 9/16/09 2 3 0 0 6 4 0 0 8 7 0 0 7 7 0 0 PROBLEMS!!!!!! 1 0 0 0 Why would someone need to take OUT cash when they are depositing cash??????? Trevor Drescher
16. Banking Detectives: Case 3 Trevor Drescher 139966 9/16/09 3 3 0 0 6 4 0 0 9 7 0 0 Trevor Drescher 139966 Trevor Drescher 9 7 0 0 PROBLEMS!!!!!! 1 0 0 0 He forgot to subtract the money he wants to withdrawal (less cash). The net deposit should be $87.00. PLUS, if he did want money, he needs to sign for his money!
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