Deposit or Withdrawal?
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Deposit or Withdrawal?
Deposit or withdrawal worksheet: two bank records, each with six rows such as put in $6 or take out $3. Circle deposit or withdrawal for each row. Grade 2, with an answer key.
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Teach it first
Deposits and WithdrawalsA teaching handout to hand out before this sheet: the rule, worked examples and common mistakes.- Pages
- 1
- Last updated
- Time
- About 15 minutes
- Answer key
- Included
- Printing
- Black and white
- Related curriculum
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Sort wants and needs, tell income from gifts and spending from saving and giving, find the skills jobs need, weigh borrowing, lending and credit, work out costs, income and savings plans, and weigh the costs and benefits of a choice.
Reviewed by Ms. Olivia Parker, Teacher. How we check worksheets
How to use this sheet
- Talk through each picture with a real example from the child’s life before marking an answer.
- Accept a different answer if the child gives a good reason, and talk about it. Needs and wants can depend on the situation.
- Link the sheet to a real choice, such as saving part of a gift of money.
Common mistakes
- Calling anything a need because they want it very much. A need is something we must have to live and be safe.
- Thinking a deposit takes money out of the bank. A deposit puts money in; a withdrawal takes it out.
- Thinking saving means never spending. Saving is keeping money now to spend on something later.
