Checking Account

What type of account do you pay your bills from?

(a)  

• Checking
• Savings

You are issued an ATM card with this type of account. (a)  

• Checking
• Savings

When you use your ATM card to pay bills, your money is withdrawn from this account.

• Checking

• Savings

What does deposit mean?

(a)  

• You are putting money INTO your account.  YOU are ADDING it to your balance. 
• You are taking money OUT of your account.  You are SUBTRACTING it from your balance. 

Tags

CCSS.RI.11-12.7

CCSS.RI.8.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.9-10.7

What does withdrawal mean?

• You are putting money INTO your account.  YOU are ADDING it to your balance. 

• You are taking money OUT of your account.  You are SUBTRACTING it from your balance. 

Tags

CCSS.RI.11-12.7

CCSS.RI.9-10.7

CCSS.RL.11-12.7

CCSS.RL.8.7

CCSS.RL.9-10.7

Your paycheck is directly deposited into your checking account monthly. Is this a deposit or withdrawal?

• Deposit

• Withdrawal

You purchase concert tickets online. Is this a deposit or withdrawal?

• Deposit

• Withdrawal

Tags

CCSS.6.NS.C.7C

You use your ATM card to purchase groceries at Ralphs.

• Deposit

• Withdrawal

Tags

CCSS.6.NS.B.3

Your friend paid you the $100.00 back that she owed you. Are you going to deposit or withdraw the money?

• Deposit

• Withdrawal

Tags

CCSS.7.NS.A.1C

You paid your credit card bill online. Is this a deposit or withdrawal?

• Deposit

• Withdrawal

Tags

CCSS.6.NS.C.5