On wednesday, miguel's bank account balance was -$55. on thursday, his balance was less than that. use absolute value to describe miguel's balance on thursday as a debt. in this situation, -$55 represents a debt of on thursday, miguel had a debt of $55.

In this situation, the -$55 represents the debt of $55, since this happens when Miguel does not have enough money in his account to cover payments or transactions. On Thursday, he has a debt of more than $55. The explanation behind this is if an account balance is less than -55 dollars, it exemplifies a debt bigger than 55 dollars. 

hope this !