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Sorry for the confusion, I'm new to this but thought a Debit Balance value should be "Positive". Anyway I will further check this and appreciate your reply. Thank you.
Quote :
A Mathematical Understanding of Debits & Credits
Another way to understand debits and credits in business accounting is to look at them mathematically. A simple way to distinguish between the two is to know that a debit entry always adds a positive number to the ledger, and a credit entry always adds a negative number.
Hi ,
Thank you for helping to find the Balance. However, I would like to know if my AccountReceivable:GivenAccount has a debit value of 11,371.66.
But when I retrieve the balance I get a negative number in the account balance query = -11,371.66
Can I know if a Negative Balance always means "debit value" when we Querying Account Balance?
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