Re:The Double-Entry Counting Method (2016)
by neilwilson on Tuesday July 28, 2020 @11:57AM
(#23977092)
If you credit your bank account do you have more money or less?
Financial Income is in a denomination that is not yours. When you receive more of the denomination you are receiving more of somebody else’s liability to you.
Financial Income is in a denomination that is not yours. When you receive more of the denomination you are receiving more of somebody else’s liability to you.
That’s more negative (more credit)