Viewing profile — ChirronT447

My mother messaged yesterday "how do I get this thing to work". Good to know it was actually broken

That's because people are trained into the system. If you started teaching it another way, eventually that other way would be the norm.

Do they have it backwards? It sounds like a valid perspective to me. I take money from an ATM: the number in my current account decreases, the cash I have on hand increases. Nothin…

'Double-entry bookkeeping is very easy to understand once you ditch the ridiculous "credit" and "debit" terminology.' I love it, let's do it! Thank you this is very helpful. The wh…

I completely agree with this; I remember reading that prior thread on double entry accounting and being so frustrated and confused about the use of debit/credit terminology and the…

It's good to read there is consternation about the debits/credits nomenclature because I am definitely confused. Interesting context on negative numbers, thanks for that!