Question
Write an integer to match the following descriptions.
i. A debit of $40
ii. A deposit of $225
- 40, 220
- -40, 225
- 40, 225
- 40, -225
Hint:
When you debit an amount, you release that amount from your account which results in decrease of your balance. When you credit or deposit an amount, your balance increases.
The correct answer is: -40, 225
When you debit $40, you withdraw $40. That means, there is decrease of 40 dollars from you bank account. Thus, it can be represented as - $40.
When you deposit $225, you credit the amount to your bank account. Thus, the balance increases by an amount of $225. Hence, we can represent it as +$225 or just simply $225.
So, the correct answer is option b.
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