when hugo withdrew $15 from his savings account to buy a new phone case, his bank statement showed the…

when hugo withdrew $15 from his savings account to buy a new phone case, his bank statement showed the transaction as -$15. 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 $25 was withdrawn. money was neither deposited nor withdrawn.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 hugo withdrew $15 from his savings account to buy a new phone case, his bank statement showed the transaction as -$15. 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 $25 was withdrawn. money was neither deposited nor withdrawn.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 bank - statement notation

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

Step2: Analyze the given transaction

The transaction shows $25$ which is a positive number. So, it represents a deposit.

Answer:

$25 was deposited.