Debits and Credits: And Other Matters

This book/thesis rethinks double-entry accounting in terms of +'s and ( - )'s and color. Moreover, by introducing the concept of iTrial Balances - and using color and blocks of color - you should be able to analyze or help others not familiar with double-entry accounting, analyze balance sheet and income statements. Debits and (Credits): And Other Matters analyzes, for example, the Samuel Insull court case, the Enron bankruptcy, and U.S. Government debt. By viewing debits as positive numbers and (credits) as negative, in conjunction with iTrial Balances, color and blocks of color, the reader/student should be able to use these methods to better understand the building blocks of accounting (debits and credits - other words in other languages), as well as to better see financial statement information.

• | Author: Michael Ronk
• | Publisher: CreateSpace Independent Publishing Platform
• | Publication Date: Jul 12, 2018
• | Number of Pages: 101 pages
• | Language: English
• | Binding: Paperback
• | ISBN-10: 1720683352
• | ISBN-13: 9781720683353