

Keeping a Running Balance
Presentation
•
Mathematics
•
8th Grade
•
Practice Problem
•
Medium
Standards-aligned
Meghan Austin
Used 98+ times
FREE Resource
6 Slides • 4 Questions
1
Keeping a Running Balance
Unit 3

2
Keeping a Running Balance...
VA SOL 8.4 - The student will solve practical problems involving consumer applications.
I can reconcile an account balance given a statement with five or fewer transactions.
3
Personal Finance Vocabulary
Deposit - a sum of money placed or kept it in a bank account.
Deduction - the amount deducted or subtracted.
Void - a cancelled transaction
Payment - an amount paid
Balance - an amount of money that remains in an account
Fee - a payment made in return for services.
Transaction - depositing or withdrawing money from an account.
4
5
Practice
Use the check register to answer the questions.
6
Fill in the Blanks
What is the balance in the checking account after you pay the electric company?
Type answer...
7
Fill in the Blanks
What is the amount deposited by ABC Employer?
Type answer...
8
Multiple Choice
What is the amount paid to Netflix and the balance after the transaction?
$80; $60
$1500; $1,560
$10; $1,520
$85; $1,435
9
Multiple Choice
If a deposit is made on 5/8/15 in the amount of $36.00, what would the new balance be?
$36.00
$1,471.00
$2.471.00
$1,741.00
10
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You've completed this lesson. Check Canvas for more instructions.
Keeping a Running Balance
Unit 3

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