This is correct. There are some sensible business defaults, but pure debit and credit have no specific meaning. It’s just yet another analytical dimension handi

This is correct. There are some sensible business defaults, but pure debit and credit have no specific meaning. It’s just yet another analytical dimension handily entangled with double-entry. This fact is rarely mentioned in business talks so people have a whole variety of ideas what they mean, as you can see itt.