WorksheetsChecking Account
Total questions: 20
Worksheet time: 19mins
What type of account do you pay your bills from?
(a)
You are issued an ATM card with this type of account. (a)
When you use your ATM card to pay bills, your money is withdrawn from this account.
Checking
Savings
What does deposit mean?
(a)
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.
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
You use your ATM card to purchase groceries at Ralphs.
Deposit
Withdrawal
Your friend paid you the $100.00 back that she owed you. Are you going to deposit or withdraw the money?
Deposit
Withdrawal
You paid your credit card bill online. Is this a deposit or withdrawal?
Deposit
Withdrawal
When you go to the bank to deposit your paycheck, you will say,
"I would like to make a deposit into my checking account."
"I would like to make a withdrawal from my checking account."
If you withdraw money from a checking account, you .
(a)
When you open a checking account, you will need your identification and __________.
Social Security Number
That's all you need.
Your best friend
Ms. Joy
Money added to a checking account is called a
withdrawal
deposit
endorsement
drawee
Which is a need?
lemonade
Coffee
Water
Gatorade
Air, shelter, and food are all examples of ______________
needs
wants
Your pants have a hole in them and the zipper is broken so you buy a new pair.
need
want
Is a television a need or want?
Need
Want
