>>>
>>>Not necessarily, they only know the difference between credit and debit. To them a negative credit means a debit, and vice versa.
>>
>>If the income statement of the company being granted credit shows negative net income, they'd better be able to recognize that as a loss and not profit.
>
>I was referring to accountants. When they enter amounts, they only enter positive amounts, either in the credit column or the debit column.
OK, got it!
Anyone who does not go overboard- deserves to.
Malcolm Forbes, Sr.