The negative sign shows that they still owed $5000 to the creditors which shows a loss of money between June and December.
Step-by-step explanation:
Amount owed at the end of June = $3765
Amount owed at the end of December = $8765
As Hightop Roofing owed creditors the amount, therefore, we will consider the amount as negative, therefore,
Amount in June = -3765
Amount in December = -8765
To see the difference, we will subtract the amount owed in June from the amount owed in December.
[tex]Difference=(-8765)-(-3765)\\Difference=-8765+3765\\Difference=-5000[/tex]
The negative sign shows that they still owed $5000 to the creditors which shows a loss of money between June and December.
Keywords: difference, loss
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