Re:Financial Statements: A Beginner's Guide
by jkhdigital on Tuesday July 14, 2020 @10:32AM
(#23832407)
Yeah, kind of a bad way to begin a primer on financial statements... with a novice mistake. My accounting professor used the acronym DEAD: Debits increase Expenses, Assets, and Dividends.
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Re:Financial Statements: A Beginner's Guide
by andrepd on Tuesday July 14, 2020 @11:55AM
(#23833408)
I use Gnucash that automatically translates accounting terms to more user-friendly ones depending on the account type (e.g. becomes Deposit/Withdrawal for current accounts, Expense/Rebate for expenses accounts, etc).