Comment by twodave
2 months ago
I didn’t think negative amounts were a real thing in double-entry accounting? Instead some things are debits and others are credits, and whether each of those reduces or increases an account balance depends on the type of account it’s against. Like, you could pay an expense out of a debt account, which would increase the debt, or out of a cash account, which would decrease the cash. Debits and credits should still be equal, though.
Think of it as an intuitive alternate notation. + means debit, - means credit.
But not always. In a liability account, - means debit. And whether you show the balance itself as a positive or negative can be situational. I just find it more confusing for no good reason tbh. This is like intro to accounting stuff anyone would learn in college.