Money
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Helping a Million People in each Country of the world to understand the basic principle of accounting. |
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Account for where money CAME FROM and where it WENT. |
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Think of a pipe. All the water coming in on the one side, must be going out on the other side. This is an engineering (physics) principle, also called the conservation of mass. This is the basic principle that governs the flow of water ... and likewise the flow of money.
This was Concept 0
If you are curious to learn more, go to: >>> Concept 1:
Credit & Debit
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(0) Come From &GoTo |
(1) Credit &Debit |
(2) 3 ways IN & 3 OUT |
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(3) Statements A = E + L |
(4) Trading &VAT |
(5) Downloads &Links |
Click here for About & Contact This page is designed for a cell phone. If you view this on a computer or laptop - then kindly un-maximize the window and reduce the width of your browser-window to a portrait shape. MoneyFlows by Benico van der Westhuizen is licensed under a Creative Commons Attribution 4.0 International License