The transaction indicating –$70 shows that money was withdrawn from the account. Therefore, the correct description of the transaction is:
70 was withdrawn.
When the owner of Park City Pizza deposited $325 in the restaurant's bank account, the bank statement showed the transaction as $325.
If the next transaction on the statement shows
–
$70, which of these describes the transaction?
70 was withdrawn
money was neither deposited nor withdrawn
70 was deposited
1 answer