when pedro withdrew $50 from his savings account, his bank statement showed the transaction as -$50. if the…

when pedro withdrew $50 from his savings account, his bank statement showed the transaction as -$50. if the next transaction on his statement shows $25, which of these describes the transaction? $25 was withdrawn. money was neither deposited nor withdrawn. $25 was deposited.

when pedro withdrew $50 from his savings account, his bank statement showed the transaction as -$50. if the next transaction on his statement shows $25, which of these describes the transaction? $25 was withdrawn. money was neither deposited nor withdrawn. $25 was deposited.

Answer

Explanation:

Step1: Understand sign convention

In bank statements, a negative value represents a withdrawal. A positive value represents a deposit.

Step2: Analyze the given transaction

The transaction shows $25 which is a positive number.

Answer:

$25 was deposited.