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I think (would love to know if I'm wrong) of it as: debit => from, credit => to
by tepitoperrito 4y ago
I think (would love to know if I'm wrong) of it as: debit => from, credit => to
- lhuser123 4y agoIt depends. You really need the context.
- rahimnathwani 4y agoI don't understand what you mean well enough. So you might be right or you might be wrong :) Can you share a couple of example (or maybe use the same examples I did)?
- joshjje 4y agoIn my thinking, as a programmer, debit = positive, and credit = negative. NOW, what type of account those are going to like others have said changes things, but fundamentally if you are adding a positive amount to an account thats a debit, and if you are adding a negative amount thats a credit.