ChirronT447

4 ms·

1. 1.▲
   by ChirronT447 2y ago

   My mother messaged yesterday "how do I get this thing to work". Good to know it was actually broken
2. 2.▲
   by ChirronT447 2y ago

   That's because people are trained into the system. If you started teaching it another way, eventually that other way would be the norm.
3. 3.▲
   by ChirronT447 2y ago

   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. Nothing wrong there. Sure the banks perspective is different but m
4. 4.▲
   by ChirronT447 2y ago

   '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 whole credit/debit ter
5. 5.▲
   by ChirronT447 2y ago

   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 then, as now, your comments (and others) were very very he
6. 6.▲
   by ChirronT447 2y ago

   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!