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A comment on Double Entry Accounting for Developers. Parent comment

Re:Double Entry Accounting for Developers by kgwgk on Tuesday July 28, 2020 @03:09AM (#23973122)
Common usage has turned the terms into something confusing. It's not the accountants fault.

Your credit card is linked to an account in someone else's books. They opened that credit account for you.

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Re:Double Entry Accounting for Developers by wrycoder on Tuesday July 28, 2020 @09:27AM (#23975489)
If you want to track the bank account on your own books, what they call a debit, you call a credit. Ït’s a mirror image.

Debits come in to an entity, credits go out.

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