Good morning class!

How’s your day?

Review:

Who can give a

short recap of the
discussion we had
last meeting?
What is journal entry?

What is ledger?
Class who can name the different
banks here in Bacolod City?
I have here a word search, I want
you to form a word from scrambled
letters. Is that clear?
1. SGVINAS - SAVINGS
2. CNRUERT - CURRENT
3. CCNEIKHG - CHECKING
 Lesson Proper

Activity
Every member should cooperate, don’t be noisy and observe
sportsmanship. Discuss it within your group for 5 minutes and then
each group should choose one leader to present group output in front
of the class for a maximum of three minutes.
Presentations of Output
Presentation
of the
Lesson
Any Idea of what Bank Account
means?
Bank Account is a financial account
maintained by a bank or other financial
institution in which the financial
transactions between the bank and a
customer are recorded.
There are two types of bank
accounts, who have any idea
what those are?
Have you seen a passbook
and ATM cards?
PASSBOOK
Point of Sale (POS)
How about the Current
or Checking Account?
Like with savings account, checking account does have also passbook
and ATM cards. This type of account is encouraged for business
account. Bank check as an acceptable form of payment allows
depositors to pay large sums using one sheet of paper instead of
carrying currencies. Banks usually allows numerous withdrawals and
unlimited deposit under this type of account. The interest rate for
checking account is usually lower as compared to a savings account.
The account holder or depositor of a checking account is normally
provided at the end of the month a bank statement showing all the
deposits made, checks paid by the bank, and the balance of the
account. Depositor is given easy access to the funds as compared to a
savings account.
1. What is savings account?

2. What is current account?

3. What account would you want

to have? Why?
1. What is the difference between
saving and current account?
2. Is it possible if one person
has both savings account and
current account? How can
you say so?
1. How savings / current account
is important to:
A. Business
B. Working individuals
C. Students
2. As a senior high school
student what type of bank
accounts you should get?
Why?
Alright class, please get ½ sheet of paper crosswise and answer the following
question.
Using venn diagram explain the following with its similarities and difference with
each other.
5 points each.

1.Passbook and ATM 2. Savings account and current account

SAVINGS CURRENT
ATM PASSBOOK

       
   
Assignment
 
• For your assignment bring one example
of a deposit slips and withdrawal slip.
Print it in an A4 size of bond paper or
have a picture downloaded in your
phone/tablet. Is that clear class?
From Teacher Lowela