Your checking account is overdrawn by $50. You write a check for $20. What is the balance in your account?

Sanai Navarro

Sanai Navarro

Answered question

2023-01-20

Your checking account is overdrawn by $50. You write a check for $20. What is the balance in your account?

Answer & Explanation

michellegrosscju

michellegrosscju

Beginner2023-01-21Added 9 answers

Writing a check entails taking funds out of the account.
Then, writing a check is getting $20.00 worth of value.
It's bad to take something valuable away.
So (+)=
To be overdrawn is bad, that is a negative. Then
5020=70
You go down -50 down -20 down -70 into a burning ring of fire.
-50 is going down - 20 is going down further.
Talan Mercer

Talan Mercer

Beginner2023-01-22Added 2 answers

Your account had once been $0.00.
Then you spent money that you didn't have to the tune of $50, which is referred to as being overdrawn.
$050
You then spent a further sum (by check) to the value of $20.00.
So the situation afterwards was:
$0$50$20
$0$70=$70
So you were overdrawn (in the red old term) to the value of $70

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