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Lesson Objectives
- Develop a filing system for keeping financial records, both paper and electronic.
- Describe record keeping features that financial institutions provide for online account management.
- Describe how to use different payment methods and banking features.
Assignment BAU2.4
- Watch Video 2.1
- As you watch the video, record the missing words from page 55 of the textbook as they pop up on the left side of the video screen by filling in this form. (page 55) .
- Discussion Questions:
- Why is it important to maintain an accurate balance of your checking account?
- Should a checking account be used as a saving or spending account?
Assignment BAU2.5
- Make a copy of this Google Document (Espanol), rename it Manage Checkbook-(Your Initials), and move it into your Lesson 2 folder. Using your three checks that you wrote in Day 67 and the information within the document, utilize the information in your textbook and this video to help complete the check register in this document. Use the information you entered into your document to complete this audit.
- Make a copy of this Google Document (Espanol), rename it to Checkbook Balance-(Your Initials), and move it into your Lesson 2 folder. Utilize information from your textbook and this video to help complete the bank reconciliation form in this document. Assume you received your bank statement in the mail, and now you need to balance your checkbook. **Hint: your bank reconciliation form Ending Balance should be $581.02.
