Balancing Your Checking Account
Grade 3 math worksheet on balancing a checking account, including deposits, withdrawals, and calculating balances.
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Balancing Your Checking Account
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Read each question carefully and fill in the blanks or choose the best answer. Remember to add for deposits and subtract for withdrawals to find your new balance.
1. When you put money into your checking account, it is called a .
2. When you take money out of your checking account, it is called a .
3. Your is how much money you have in your account right now.
4. You have $50 in your checking account. You deposit $20. How much money do you have now?
5. You have $75 in your checking account. You withdraw $15. How much money do you have now?
6. If your balance is $100 and you deposit $30, what is your new balance?
$70
$130
$100
$30
7. If your balance is $60 and you withdraw $25, what is your new balance?
$85
$35
$60
$25
8. Sarah started with $40 in her checking account. She deposited $10, then later withdrew $5. What is her final balance?
9. A deposit makes your checking account balance go down.
True
False
10. A withdrawal makes your checking account balance go down.
True
False