Accounting 101

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  • October 04, 2021

    Debit & Credit: It's All About Trust

    An interesting way to understand Debit and Credit is by looking at their origin in latin: Debit is from Debitum which can be loosely translated to “entrusted amount” while Credit is Creditum or, for a lack of a better term, “giver of trust”. Remember, if trust is debited to you, give credit to where credit is due!