Mysql check if exists|Mysql if exists

Follow this procedure if exists return the result 2 else result is 1.
DROP PROCEDURE insert_or_Update;
delimiter $$
create procedure insert_or_Update()
begin
  IF NOT EXISTS (select * from transactionheadbalance where IsCanceled=5) THEN
    SELECT 1;
  ELSE 
    SELECT 2;
  END IF;
end $$
delimiter ;
 
CALL insert_or_Update();

RESULT:

Mysql If exists create and Drop the table.

If exists create the table.
CREATE TABLE IF NOT EXISTS Test ( id int, name varchar(80))
If Exists drop the table.
DROP TABLE IF EXISTS Test

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