Final answer:
Using a debit card for a purchase is classified as a withdrawal because it involves transferring funds directly from the user's bank account to the vendor. Therefore, the correct option is A.
Step-by-step explanation:
Brad purchased a pair of shoes using his debit card, which best describe this transaction as a withdrawal. When a debit card is used, the money is directly transferred electronically from the cardholder's bank account to the merchant's account. Unlike credit cards, debit cards are connected to the user's bank account, which means the funds are immediately taken out of the account, reducing the available balance. Therefore, the transaction does not incur earned interest nor does it represent a deposit, but it's rather a withdrawal from Brad's checking or savings account.