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Re: A reward received is NOT something given, an income accou...


@EBFinancials wrote:

@Rustler
How come it lowers income, logic tells it increases it?


the -40 I showed for income on the example of the bill, is telling QB to post a credit to income, a credit to income does increase income.

 

A bill posts a debit to all accounts listed by default, so the negative sign changes that to the opposite - a credit