Checkbook Register With Monthly Summary
Checkbook Register With Monthly Summary
Account Holder: [YOUR NAME]
Account Number: [ACCOUNT NUMBER]
Bank Name: [BANK NAME]
Account Type: [CHECKING]
Statement Period: [MONTH]
Checkbook Register
|
Date |
Description |
Category |
Deposit (Income) |
Withdrawal (Expense) |
Balance |
|---|---|---|---|---|---|
|
2024-03-01 |
Paycheck |
Income |
$3,500.00 |
$3,500.00 |
|
|
2024-03-05 |
Rent |
Housing |
$1,200.00 |
$2,300.00 |
|
|
2024-03-08 |
Grocery Shopping |
Food |
$150.00 |
$2,150.00 |
|
|
2024-03-15 |
Electricity Bill |
Utilities |
$100.00 |
$2,050.00 |
|
|
2024-03-20 |
Dining Out |
Entertainment |
$50.00 |
$2,000.00 |
|
|
2024-03-25 |
Gasoline |
Transportation |
$80.00 |
$1,920.00 |
|
|
2024-03-30 |
Internet Bill |
Utilities |
$70.00 |
$1,850.00 |
Monthly Summary
Income:
-
Total Income: $3,500.00
Expenses:
-
Housing: $1,200.00
-
Food: $150.00
-
Utilities: $170.00
-
Entertainment: $50.00
-
Transportation: $80.00
Total Expenses: $1,650.00
Net Income (Income - Expenses): $1,850.00
Notes:
-
Make sure to reconcile this register with your bank statement regularly to ensure accuracy.
-
Properly categorize each transaction to gain insights into your spending habits.
-
Adjust your budget accordingly based on the monthly summary to meet your financial goals.
Conclusion:
Regularly reconciling your checkbook register with bank statements ensures financial accuracy. Proper categorization provides insights into spending habits, facilitating informed budget adjustments. March's summary reveals a net income of $1,850.00 after $1,650.00 in expenses, emphasizing the importance of budgeting for financial stability and goal attainment.
