faq: updates
This commit is contained in:
13
src/FAQ.md
13
src/FAQ.md
@@ -132,12 +132,15 @@ and when you see a negative amount posted, it is a credit (outflow).
|
||||
|
||||
(Be warned of the usual pitfall that banks and businesses use "debit" and "credit" from their point of view, ie reversed, when communicating with customers.)
|
||||
|
||||
Here's a mnemonic, should you need it:
|
||||
Here's a mnemonic, if you need one:
|
||||
|
||||
```
|
||||
debit / to / plus / left / short words
|
||||
```
|
||||
```
|
||||
credit / from / minus / right / longer words
|
||||
debit | credit
|
||||
to | from
|
||||
in | out
|
||||
plus | minus
|
||||
left | right
|
||||
short words | longer words
|
||||
```
|
||||
|
||||
Newcomers to accounting find signed numbers much more intuitive and easier to learn than debit/credit terminology,
|
||||
|
||||
Reference in New Issue
Block a user