Bookkeeping Tip #9 for Small Business Owners

Bookkeeping (Photo credit: o5com)

The debit is always on the left hand side, and the credit is always on the right hand side of any account.  This is an accounting rule, really, but haven't you ever scratched your head about this while keeping your books?  I used to think that debit versus credit had to do with increasing and decreasing the account.  It doesn't.  Am I the only one?  Check out the related articles below if you'd like to learn more.  And if you'd like our weekly bookkeeping blog to appear in your Facebook news feed once in a while, like Clear View Business Solutions on Facebook.  Thank you for reading and commenting, and happy bookkeeping!

Related articles

• The history and definition of 'Debits and Credits' in accounting. (basicaccountingconcepts.wordpress.com)
• Basics of accounting (slideshare.net)

Raymond Chandler Was a Bookkeeper

While you might not be sneaking around in the shadows of 1930s Los Angeles like hard-boiled fictional detective Philip Marlowe, your haunt as a bookkeeper is glamorous. Here's why: Raymond Chandler was a bookkeeper. It's true, folks. He didn't publish his first pulp novel, 1939's "The Big Sleep," until age fifty. And before that, he had a stint as a bookkeeper with the Los Angeles Creamery around 1913. They don't call bookkeepers detectives for no reason. Not everyone can be noir-writing geniuses, but not everyone can be bookkeepers, either. Next time you're looking at your ledger or at a seemingly-dull QuickBooks screen, about to lull yourself into your own "big sleep," take a cue from Chandler, Marlowe, and Humphrey Bogart -- all cool cats -- and put your detective hat on! Or call us. Think of us as private investigators. It won't cost you extra. If you enjoy a good Raymond Chandler book, or have any bookkeeping detective tales, kindly leave a comment. Happy sleuthing!

Visit our Facebook Page for more on Chandler's brief bookkeeping legacy, and a lot on his literary and film legacies.