fshusband (![[info]](http://l-stat.livejournal.com/img/userinfo.gif){kind=small} fshusband) wrote,@ 2008-04-23 10:14:00 |
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debit and credit and double entry and assets = liabilities and what?
So I'm trying to learn some basic accounting, as part of making a business of photography. What the hell? Damn Luca Pacioli and his silly double-entry system. Okay, it makes it nearly impossible to lose track of money or cheat on your taxes, and it provides employment for millions of accountants, but it's making my head hurt. This crap should be required to graduate high school or at least college. I think it would have prepared me a lot better than Algebra II or pre-calculus did.
Oh well. Back to owner's equity and revenue and draws and...
So I'm trying to learn some basic accounting, as part of making a business of photography. What the hell? Damn Luca Pacioli and his silly double-entry system. Okay, it makes it nearly impossible to lose track of money or cheat on your taxes, and it provides employment for millions of accountants, but it's making my head hurt. This crap should be required to graduate high school or at least college. I think it would have prepared me a lot better than Algebra II or pre-calculus did.
Oh well. Back to owner's equity and revenue and draws and...
