[GNC] Need help with a Savings account
Fred Bone
Fred.Bone at dial.pipex.com
Tue Apr 16 04:24:30 EDT 2019
On 15 April 2019 at 15:43, ToddAndMargo said:
[...]
> So, when I deposit something to the bank, I am actually
> losing money (giving it to someone else), so it is a debit?
No, you are handing it to them, so they owe it back. That's what "debit"
means, after all.
> So I should switch my opening balance to a negative number?
Possibly. It rather depends on whether your account was overdrawn when
you started your current books.
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