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Banks use negative balances to represent when the customer owes the bank money and positive balances to represent when the bank owes the customer money.

Justin has a balance of 0 dollars at his local bank.

What does a balance of 0 dollars represent?

Justin owes the bank money.
The bank owes Justin money.
Neither Justin nor the bank owe each other money.
Justin gave half of his money to charity.

User Nobwyn
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2 Answers

3 votes
I agree with her. Neither Justin nor the bank owe each other money.
User Unconnected
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5 votes
Neither Justin nor the bank owe each other money.
User Chrisjlee
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