What does it mean to be “in the red?”
a. You have more credits than debits.
b. You have more debits than credits.
c. You cannot find your financial records.
d. Your financial records are inaccurate.
Debit is losing money, and credit is gaining money, so if you have more debit than credit then you have negative money. Negative money, or being in debt, is "in the red", so B is correct.