Debits vs Credits

Debits vs Credits

Debits

When money is SPENT

Debit Examples

Buying food

Going to the movies

Netflix subscription

Credits

When money is EARNED

Credit Examples

Bank account earning interest

Receiving a paycheck

Allowance

Multiple Choice

Debit or Credit?

Buying dinner at McDonalds

• Debit

• Credit

Multiple Choice

Debit or Credit?

Parents give you allowance

• Debit

• Credit

Multiple Choice

Debit or Credit?

Ordering a new pair of shoes

• Debit

• Credit

Multiple Choice

Debit or Credit?

A neighbor pays you to watch their dog

• Debit

• Credit

Multiple Choice

Debit or Credit?

Buying a ticket for a sporting event

• Debit

• Credit

Multiple Choice

Debit or Credit?

Family gives you $50 for your birthday

• Debit

• Credit