[GNC] Recommended Method of Entry for IRA Distributions

[Mark Penner]

Jan 11, 2023 18:07:03 R Losey <rlosey at gmail.com>:

> I apologize for not using "debit" and "credit" terms, but I'm not sure 
> I'd
> get them right.

I also have to think a bit sometimes to get them right. As someone(s) 
said, debits are always on the left, credits on the right. I just 
remember that money flows from right to left, from the credited accounts 
to the debited accounts. I find that easier to remember than which types 
of accounts increase with debits, etc.

HTH
Mark