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faq: updates

This commit is contained in:
Simon Michael
2024-04-11 10:28:05 -10:00
parent c4e160d33c
commit c6c198d505

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@@ -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,