Cassie received $50 as a birthday gift, and she deposited it in her savings account. Her bank statement showed the transaction as $50.

Question

If the next transaction on her statement shows
–
$20, which of these describes the transaction?

Answer 1

The transaction showing "– $20" on Cassie's bank statement likely indicates a withdrawal or a deduction from her account balance. This could mean that Cassie took out $20 from her savings account or that there was a fee of $20 applied to her account.

In summary, the "– $20" describes a transaction that reduces Cassie's account balance by $20.