7th grade 1/30 Budget practice

What is money earned or received called?

• budge

• income

• expense

• transaction

What is the term for putting money into your account?

• withdrawal

• register

• deposit

• available balance

What is a small table to track income, expenses and available balance called?

• income

• transaction

• budget

• register

What is a monthly or yearly saving and spending plan for a person, business or organization called?

• expense

• income

• budget

• deposit

As payment for goods or services is called a/an _________.

• income

• deposit

• withdrawal

• expense

What is the term for an amount available in an account for a person, business or organization to spend?

• available balance

• income

• expense

• budget

What is the definition for money taken out of your account?

• withdrawal

• income

• deposit

• expense

What does this picture show?

• withdrawal

• budget

• deposit

• expense

What is happening in the picture?

• Available Balance

• Register

• Budget Meeting

• Transaction

What are you doing when you break your piggy bank open?

• Deposit

• Register

• Withdrawal

• Budget