The Tender For Law

Volume 3

Sep 20, 2013 6:27 PM

David Johansen

Accounting, a credited negative offset can not be a positive? [yes i just made that up], so credit issued by a bank is not really credit, it is just a debt offset on the ledger. So ipso facto, there is technically no credit either because less negative is still not a positive, and credit is technically a positive...