Meghan has her own business. When she makes money, it is called income. When she spends money, it is called expenses. Choose the phrases below to explain how to use positive or negative integers to represent income and expenses. You would use positive integers to represent income because it is a Choose... amount. You would use negative integers to represent expenses because they are opposites of income.

When you use positive interger to represent income, it shows that there has been an addition instead of a subtraction in money value to the business. In other words money is coming in instead of going out. Example when there is profit on goods sold say $10, it is indicated with a positive integer 10 to indicate addition in terms of operating income

When you use a negative value to represent expense, it indicates there has been a subtraction instead of an addition in money value. In other words money is going out of the business and not coming in. Example when there is a transportation expense to convey goods to the buyer, it is recorded as expenses subtracted from say revenue sales of the business. expenses are usually indicated in brackets in accounting to show negative value, although not a requirement since they are already named and recognized as expenses and subtracted regardless