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This educational guide breaks down the essentials of checking accounts, showing students exactly how to write a check and make a deposit.

Educational worksheet explaining checking accounts with examples of a filled-out check and a deposit slip.

Educational worksheet explaining checking accounts with examples of a filled-out check and a deposit slip.

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Show Answer Key & Explanations Step-by-step solution for: Checking Account: Real-Life Math | Printable Skills Sheets

Problem Description:


The task involves filling out a deposit slip for the deposits described in items 1-2. The details are as follows:

1. You have a $10,000 check from Mr. and Mrs. Smith.
2. You also want to deposit cash amounting to $423.50.

The goal is to fill out the deposit slip correctly, following the steps provided in the instructions.

---

Solution Explanation:



#### Step-by-Step Guide to Filling Out the Deposit Slip:

1. Fill in the Date:
- Write today's date in the "Date" field on the deposit slip. For this example, let’s assume today’s date is April 7, 2023.

2. Write Your Name:
- In the "Name" field, write your name or the name of the company you are depositing for. For this example, let’s assume your name is John Doe.

3. List Each Item Being Deposited:
- Check:
- In the "Description" column, write "Mr. and Mrs. Smith."
- In the "Amount" column, write $10,000.00.
- Cash:
- In the "Description" column, write "Cash."
- In the "Amount" column, write $423.50.

4. Calculate the Total Amount:
- Add up all the amounts listed in the "Amount" column:
\[
\text{Total} = \$10,000.00 + \$423.50 = \$10,423.50
\]
- Write the total amount in the "TOTAL" field at the bottom of the deposit slip.

5. Sign the Check:
- Sign your name in the designated "Signature" field at the bottom of the deposit slip.

---

Filled-Out Deposit Slip:



Here is how the deposit slip should look after filling it out:

#### DEPOSIT SLIP
- Name: John Doe
- Date: April 7, 2023

| Description | Status | Amount |
|-------------------|--------|--------|
| Mr. and Mrs. Smith | Check | $10,000.00 |
| Cash | Cash | $423.50 |

- TOTAL: $10,423.50
- Signature: [Your Signature]

---

Final Answer:


The completed deposit slip should reflect the following details:
- Date: April 7, 2023
- Name: John Doe
- Items Deposited:
- Check from Mr. and Mrs. Smith: $10,000.00
- Cash: $423.50
- Total Amount: $10,423.50
- Signature: [Your Signature]

\boxed{\text{Deposit Slip Completed}}
Parent Tip: Review the logic above to help your child master the concept of checking account worksheet for students.
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