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Beth withdrew [tex]$35 from her checking account. In which column should she record the $[/tex]35 withdrawal?

\begin{tabular}{|l|l|c|c|c|c|c|}
\hline \begin{tabular}{c}
Check \\
number
\end{tabular} & Date & \begin{tabular}{c}
Description of \\
Transaction
\end{tabular} & \begin{tabular}{c}
[tex]$(-)$[/tex] \\
Debits
\end{tabular} & \begin{tabular}{c}
[tex]$(+)$[/tex] \\
Deposits
\end{tabular} & Balance \\
\hline & & Beginning Balance \\
\end{tabular}

Sagot :

GinnyAnsweridn
Beth withdrew \[tex]$35 from her checking account. In this scenario, the withdrawal is considered a debit transaction because it reduces the balance of her account. Therefore, she should record the \$[/tex]35 withdrawal in the Debits column of her checking account ledger.

Here's how the ledger would look after recording this transaction:

\begin{tabular}{|l|l|c|c|c|c|}
\hline
Check number & Date & Description of Transaction & [tex]$(-)$[/tex] Debits & [tex]$(+)$[/tex] Deposits & Balance \\
\hline
& & Beginning Balance & & & \\
\hline
& & Withdrawal & 35 & & \\
\hline
\end{tabular}

By placing the \$35 in the Debits column, Beth accurately reflects that this amount has been subtracted from her account balance.
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