Debit Credit Quotes

All good people agree, And all good people say, All nice people, like Us, are We And every one else is They: But if you cross over the sea, Instead of over the way, You may end by (think of it!) looking on We As only a sort of They!

The paths to liberation are numerous, but the bank along the way is always the same, the Bank of Karma, where the liberation account of each of us is credited or debited depending on our actions.

Rule #1: You may bring only what fits in your backpack. Don’t try to fake it with a purse or a carry-on. Rule #2: You may not bring guidebooks, phrase books, or any kind of foreign language aid. And no journals. Rule #3: You cannot bring extra money or credit/debit cards, travelers’ checks, etc. I’ll take care of all that. Rule #4: No electronic crutches. This means no laptop, no cell phone, no music, and no camera. You can’t call home or communicate with people in the U.S. by Internet or telephone. Postcards and letters are acceptable and encouraged. That’s all you need to know for now.

Freuchen tells how one day, after coming home hungry from an unsuccessful walrus-hunting expedition, he found one of the successful hunters dropping off several hundred pounds of meat. He thanked him profusely. The man objected indignantly: "Up in our country we are human!" said the hunter. "And since we are human we help each other. We don't like to hear anybody say thanks for that. What I get today you may get tomorrow. Up here we say that by gifts one makes slaves and by whips one makes dogs. ... The refusal to calculate credits and debits can be found throughout the anthropological literature on egalitarian hunting societies. Rather than seeing himself as human because he could make economic calculations, the hunter insisted that being truly human meant refusing to make such calculations, refusing to measure or remember who had given what to whom, for the precise reason that doing so would inevitably create a world where we began "comparing power with power, measuring, calculating" and reducing each other to slaves or dogs through debt. It's not that he, like untold millions of similar egalitarian spirits throughout history, was unaware that humans have a propensity to calculate. If he wasn't aware of it, he could not have said what he did. Of course we have a propensity to calculate. We have all sorts of propensities. In any real-life situation, we have propensities that drive us in several different contradictory directions simultaneously. No one is more real than any other. The real question is which we take as the foundation of our humanity, and therefore, make the basis of our civilization.

A borrower who doesn't returns is a beggar.

Karma is a balance sheet of life which debits and credit all your deeds.YourWhich is audited by our creator and actions are based on what we accumulated in it.

Producing a high body count was crucial for promotion in the officer corps. Many high-level officers established “production quotas” for their units, and systems of “debit” and “credit” to calculate exactly how efficiently subordinate units and middle-management personnel performed. Different formulas were used, but the commitment to war as a rational production process was common to all.11

Its hurtful and wonderful how our jokes survive us. Since I left home on this journey, I've thought a lot about this-how a big part of any life is about the hows and whys of setting up machinery. it's building systems, devices, motors. Winding up the clockwork of direct debits, configuring newspaper deliveries and anniversaries and photographs and credit card repayments and anecdotes. Starting their engines, setting them in motion and sending them chugging off into the future to do their thing at a regular or irregular intervals. When a person leaves or dies or ends, they leave an afterimage; their outline in the devices they've set up around them. The image fades to the winding down of springs, the slow running out of fuel as the machines of a life lived in certain ways in certain places and from certain angles are shut down or seize up or blink off one by one. It takes time. Sometimes, you come across the dusty lights or electrical hum of someone else's machine, maybe a long time after you ever expected to, still running, lonely in the dark. Still doing its thing for the person who started it up long, long after they've gone. A man lives so many different lengths of time.

When you slander someone [talk negatively about people], you earn a debit in your account and that person will earn a credit. Who would do these kinds of business?

Showing off is more ridiculous in instances where the thing that is being shown off was bought on credit.

Karma is the balance sheet of life which debits and credit all your deeds.YourWhich is audited by our creator and actions are based on what we accumulated in it.

this nation is both its credits and debits.

Let us never weary of repeating, that to think first of the disinherited and sorrowful classes; to relieve, ventilate, enlighten, and love them; to enlarge their horizon to a magnificent extent; to lavish upon them education in every shape; to set them an example of labor, and never of indolence; to lessen the weight of the individual burden by increasing the notion of the universal aim; to limit poverty without limiting wealth; to create vast fields of public and popular activity; to have, like Briareus, a hundred hands to stretch out on all sides to the crushed and the weak; to employ the collective power in the grand task of opening workshops for every arm, schools for every aptitude, and laboratories for every intellect; to increase wages, diminish toil, and balance the debit and credit--that is to say, proportion enjoyment to effort, and supply to demand; in a word, to evolve from the social machine, on behalf of those who suffer and those who are ignorant, more light and more comfort, is (and sympathetic souls must not forget it) the first of brotherly obligations, and (let egotistic hearts learn the fact) the first of political necessities.

...the balance sheet of her life, an endless list of credits and debits, of accomplishments and failures, small acts of kindness and real acts of cruelty. And the tears finally come as she looks away, unable to see this thing to the very end, for she knows without looking of the terrible imbalance, how long ago the credits stopped while the debits of vanity and selfishness run on and on.

The reason twenty-nine feet is such a common length for RVs, I presume, is that once a vehicle gets much longer, you need a special permit to drive it. That would mean forms and fees, possibly even background checks. But show up at any RV joint with your thigh stumps lashed to a skateboard, crazily waving your hooks-for-hands, screaming you want that twenty-nine-footer out back for a trip you ain't sayin' where, and all they want to know is: Credit or debit, tiny sir?

Ippolit Matveevich turned even redder, pulled out a tiny notebook, and wrote in a calligraphic hand: 25/4/1927 — rubles issued to Comrade Bender — 8. Ostap took a look inside the little book. 'Oh-ho! If you've gone ahead and opened a personal account for me, then the least you could do is tally it right. Start up a debit column, start up a credit column. Don't forget to enter the sixty thousand rubles you owe me in the debits, and the vest can go in the credits. The balance is in my favor: 59,992 rubles.

After Cosimo de’ Medici took over the family bank in the 1430s, it became the largest in Europe. By managing the fortunes of the continent’s wealthy families, the Medici made themselves the wealthiest of them all. They were innovators in bookkeeping, including the use of debit-and-credit accounting that became one of the great spurs to progress during the Renaissance. By means of payoffs and plotting, Cosimo became the de facto ruler of Florence, and his patronage made it the cradle of Renaissance art and humanism.

GOD don't have any mercy to human being since we generate Debit & Credit account of our own life.

Merit karma is a credit amount and demerit karma is a debit amount [owe the amount to repay]. One is free to spend his accumulated amount wherever he wants.

Live as if the best day is today; plan as if the best day was yesterday.

The present value of your presence to your loved ones in need is higher than the future value of your promises.

In all your doings and dealings, personal or professional, for selflessness or consideration; exchange goodness of positive vibes. Be a good karmic being.

Goodwill; earned by deeds, not words, weighed by values, not intangibility; same for respect.

Don’t just exist, live; explore, enjoy, repeat.

Be with them who need you the most, for the presence is the best present.

Be a limited edition of yourself; for elusive is valued.

Never let a credit to your bank account become a debit from your soul.

There was no element of self-sacrifice in their relationships, but instead a carefully balanced system of debit and credit. If the debit column grew too long, the friendship would break up.

Five-Year,” a term given to cash minted before 2023. That was the last year cash was produced without embedded chips that could trace every use of the currency as if it was a debit or credit card.

If middle-class society is decaying, if we have got into a blind alley from which we cannot emerge without attacking past institutions with torch and hatchet, it is precisely because we have given too much to counting. It is because we have let ourselves be influenced into giving only to receive. It is because we have aimed at turning society into a commercial company based on debit and credit.

I wonder,” said Reginald, “if you have ever walked down the Embankment on a winter night?” “Gracious, no, child! Why do you ask?” “I didn’t; I only wondered. And even your philanthropy, practised in a world where everything is based on competition, must have a debit as well as a credit account. The young ravens cry for food.” “And are fed.” “Exactly. Which presupposes that something else is fed upon.

We were born and brought up with the maxim that 'time is money'. We know exactly what money is, but what does the word time mean? The day is made up of twenty-four hours and an infinite number of moments. We need to be aware of those moments and to make the most of them regardless of whether we're busy doing something or merely contemplating life. If we slow down, everything lasts much longer. Of course, that means that washing the dishes might last longer, as might totting up the debits and credits on a balance sheet or checking promissory notes, but why not use that time to think about pleasant things and to feel glad simply to be alive?

Learning to crow: If we’ve been taught to credit our success externally and debit our failures to ourselves, we’re indeed in a bind. It is important to come to an authentic assessment of our talents and strengths, speaking from our center. [p. 91]

Karma operates not so much as some external credit-and-debit ledger but more as an energy, a charge that grows over time. This is how even small acts of generosity, especially when motivated by the best intention, can become causes for much greater wealth in the future.

Steve embraced the marketing adage that every single moment a consumer encounters a brand—whether as a buyer, a user, a store visitor, a passerby seeing a billboard, or someone simply watching an ad on TV—is an experience that adds either credits or debits to the brand’s “account” in his imagination.

For every transaction, a journal entry must be recorded that includes both a debit and a credit. Debits increase asset accounts and decrease equity and liability accounts. Credits decrease asset accounts and increase equity and liability accounts. Debits increase expense accounts, while credits increase revenue accounts.

I know what is wrong. You havn't decided what you want.' She'd underlined this many times. 'Terribly important to draw up a balance sheet every now and then, debits and credits. Decide what's important, what's worth fighting for. Don't drift, ever. Decide then act. If you fail well at least you tried. Don't know what you want so can't advise you how to get it.

In the widening gap between credits and debits hangs a question: What parts of this life are you willing to give up, so you can keep on living? Most who face this dilemma will not end up dwelling in vehicles. Those who do are analogous to what biologists call an “indicator species”—sensitive organisms with the capacity to signal much larger shifts in an ecosystem.

Visa’s Zero Liability policy covers all Visa credit—and debit-card transactions processed over the Visa network. Visa extends the same protections and benefits to its debit cards as it does to credit cards—including the ability for credit-card issuers to resolve merchant disputes on the cardholder’s behalf if goods were defective or weren’t received, you were overcharged, or for other reasons.

To track your money, write down or digitally capture every dollar you spend for one month. Include everything, from your $1,800 mortgage payment to the $4 coffee you grabbed on your way into work. Here, savings counts as an expense, so remember to include any money you put into a savings or retirement account (unless it was taken out of your paycheck—don’t include that). Record each expense regardless of whether you pay by cash, check, debit or credit card, automatic payment, or online transfer.

The difference between a debt and an obligation is that a debt can be precisely quantified. This requires money. Not only is it money that makes debt possible: money and debt appear on the scene at exactly the same time. Some of the very first written documents that have come down to us are Mesopotamian tablets recording credits and debits, rations issued by temples, money owed for rent of temple lands, the value of each precisely specified in grain and silver. Some of the earliest works of moral philosophy, in turn, are reflections on what it means to imagine morality as debt—that is, in terms of money.

This does not mean that the state necessarily creates money. Money is credit, it can be brought into being by private contractual agreements (loans, for instance). The state merely enforces the agreement and dictates the legal terms. Hence Keynes’ next dramatic assertion: that banks create money, and that there is no intrinsic limit to their ability to do so: since however much they lend, the borrower will have no choice but to put the money back into some bank again, and thus, from the perspective of the banking system as a whole, the total number of debits and credits will always cancel out.29 The implications were radical, but Keynes himself was not. In the end, he was always careful to frame the problem in a way that could be reintegrated into the mainstream economics of his day.

In English, “thank you” derives from “think.” It originally meant, “I will remember what you did for me”—which is usually not true either—but in other languages (the Portuguese obrigado is a good example) the standard term follows the form of the English “much obliged”—it actually does mean, “I am in your debt.” The French merci is even more graphic: it derives from “mercy,” as in begging for mercy; by saying it you are symbolically placing yourself in your benefactor’s power—since a debtor is, after all, a criminal.63 Saying “you’re welcome” or “it’s nothing” (French de rien, Spanish de nada)—the latter has at least the advantage of often being literally true—is a way of reassuring the one to whom one has passed the salt that you are not actually inscribing a debit in your imaginary moral account book. So is saying “my pleasure”—you are saying, “No, actually, it’s a credit, not a debit—you did me a favor because in asking me to pass the salt, you gave me the opportunity to do something I found rewarding in itself!”64

Social networks including Facebook, Twitter and Pinterest took a step closer to offering ecommerce on their own platforms this week, as the battle to win over retailers hots up. Facebook announced on Thursday it is trialling a “buy” button to allow people to purchase a product without ever leaving the social network’s app. The initial test, with a handful of small and medium-sized businesses in the US, could lead to more ecommerce companies buying adverts on the network. It could also allow Facebook to compile payment information and encourage people to make more transactions via the platform as it would save them typing in card numbers on smartphones. But the social network said no credit or debit card details will be shared with other advertisers. Twitter acquired CardSpring, a payments infrastructure company, this week for an undisclosed price as part of plans to feature more ecommerce around live events or, as it puts it, “in-the-moment commerce experiences”. CardSpring connects payment details with loyalty cards and coupons for transactions online and in stores. The home of the 140-character message hired Nathan Hubbard, former chief executive of Ticketmaster, last year to work on creating an ecommerce product. It has since worked with Amazon, to allow people to add things to their online basket by tweeting, and with Starbucks to encourage people to tweet to buy a coffee for a friend.

As an analogy, we used to think of books, music, and movies as distinct. Then they all became represented by packets sent over the internet. Yes, we listened to music in audio players and viewed books in ebook readers, but their fundamental structure became digital. Similarly, today we think of stocks, bonds, gold, loans, and art as different. But all of them are represented as debits and credits on blockchains. Again, the fundamental structure became digital. Now, we are starting to think of different kinds of collections of people –— whether communities, cities, companies, or countries —– all fundamentally as networks, where the digital profiles and how they interact become more and more fundamental. This is obvious for communities and companies, which can already be fully remote and digital, but even already existing cities and countries are starting to be modeled this way, because (a) their citizens48 are often geographically remote, (b) the concept of citizenship itself is becoming similar to digital single sign-on, (c) many 20th century functions of government have already been de-facto transferred to private networks like (electronic) mail delivery, hotel, and taxi regulation, (d) cities and countries increasingly recruit citizens online, (e) so-called smart cities are increasingly administrated through a computer interface, and (f) as countries issue central bank digital currencies and cities likely follow suit, every polity will be publicly traded on the internet just like companies and coins.

Saying it hopes to poach customers from banks, Walmart is rolling out a mobile checking account with a linked debit card — a program that it promises will remain low-cost by eliminating fees for overdrafts or failing to maintain a minimum balance. The monthly membership fee of $8.95 is waived if customers set up direct deposits of at least $500 a month, something that even consumers with subprime credit scores probably would be able to do. Users also may load cash into their accounts at participating stores or deposit checks remotely by taking photos with their smartphones, officials at the Bentonville, Ark., company said.

Every time you use a banknote; every time you use a modern coin; every time you use a credit card or debit card; every time you use internet banking; every time you use any modern crypto currency; every time you use a gift voucher; every time you use a poker chip; in fact, every time you enter into any form of transaction that does not rely on bartering, each such transaction has its ideological origins in John Law’s idea that money need have no intrinsic value.

The interesting finds are that the 7-repeat people: hold fewer funds in savings; are less likely to pay off credit card balances each month; withdraw more cash than needed at the ATM; are less likely to use a debit card instead of a credit card; and are less likely to purchase overdraft protection.

time. The trial balance is typically prepared at the end of a period, prior to preparing the primary financial statements. The purpose of the trial balance is to check that debits—in total—are equal to the total amount of credits. If debits do not equal credits, you know that an erroneous journal entry must have been posted. While a trial balance is a helpful check, it’s far from perfect, as there are numerous types of errors that a trial balance doesn’t catch. (For example, a trial balance wouldn’t alert you if the wrong asset account had been debited for a given transaction, as the error wouldn’t throw off the total amount of debits.) Chapter 8 Simple Summary For every transaction, a journal entry must be recorded that includes both a debit and a credit. Debits

A wise person hates none and loves everyone. When you give love to someone without any expectations, your happiness account is credited. Each time you hate those who love you, or cheat your friends or become unfaithful to your beloved, a certain amount of happiness gets debited from your account.

We are all debit of the credits. We all are. Especially me.

Loans NRIs can give loans to resident Indians on a repatriable or non-repatriable basis. NRIs can also receive loans from residents. Loan from NRIs in foreign currency or on a repatriable basis A resident Indian can borrow up to US dollars 250,000 from NRI close relatives on a repatriation basis i.e. on repayment, the NRI can credit the funds in an NRE account and take this money back without any restrictions. The NRI should be a close relative of the borrower. Please check ‘Who is your relative’ for details. The amount of loan should be received by an inward remittance or by debit to the NRE/FCNR account. The loan should be a minimum of 1 year and without any interest. The funds cannot be used for agricultural/plantation/real estate business or for relending. Income: As the loan should be interest-free, no income can be generated. Taxability: As there is no income, there is no tax. Loan from NRIs in Indian rupees or on a non-repatriable basis A resident, not being a company incorporated in India, may borrow in rupees from an NRI on a non- repatriation basis. The period of loan should be 3 years or less and the rate of interest should not exceed 2% over the prevailing bank rate at the time of the loan. The loan has to be utilized for meeting the borrower’s personal requirement or for his business purposes. The funds cannot be used for agricultural/plantation/real estate business or for relending or for investment in shares, securities or immovable property. For example, Ms. Isumati has given an unsecured loan to her father’s firm earning 15% interest. If she goes to the UK for further studies and becomes an NRI, while she may continue with the loan, RBI rules would apply. The funds cannot be used for real estate business and if the bank rate is 10%, she cannot be paid more than 12% interest on her loan. Her father would also need to deduct TDS @ 30.9% on the interest. Income: Income from loans given to residents is interest. Taxability: The interest income on loans given is taxable for NRIs. Loans to NRIs NRIs are allowed to borrow from a bank/authorized

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The ‘information’ one receives from within, shows credit [punya] and debit [paap] karmas. All the Knowledge-Vision is present within. Everything can be Known from within but only as long as you do not create obstructions. If you were to cross-over [violate] it, then the ‘information’ will stop coming through.

Does heaven operate on credits and debits? Can her kindness wash away my sins?

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We can consider successes and failures in our life as credit and debit entries of our happiness account. Every time we succeed in achieving our goal, we get credit in the form of happiness and every time we fail, we debit our happiness account. If we have enough credits of happiness, we can easily withstand some failures just like the person who has a million dollar bank balance, does not get disconcerted if he loses out on a few thousand dollars. However, the same loss can bring much grief to a person who has a very small balance in his account.

Merger of plans and actions determine the amalgamation of goals and acquisition of success in life.

Good books and bad books, like people, are part and parcel of life. Keep reading, books and people.

To balance the balance sheet of life, concentrate on your assets of positivity while managing your liabilities of negativities.

Best Capital with highest ROI to invest in is, self-growth; becoming better than before, valued higher than prior, day by day.

The key factor between the reconciliation of actions and expectations is satisfaction.

In the field of success, sow the seeds of plans, with the manure of actions, to reap the crop of success. Plough at your best.

Invest in self-improvement, be it for learning, be it for earning.

Act before you expect.

Karma is like interest; on the balance of good or bad deeds, receivable or payable; in the end, either it pays you back or you have to pay it back.

Faith and trust are like intangible assets; stay along with the books of life, even if not accounted for.

Trust and faith; invisible yet invincible; take ages.

Debit the knowledge; credit the books.

With great goals, comes the high costs; both fixed and variable. Time is the fixed cost; efforts, variable. Spend passionately.

The golden equation of life is S = D^P^A. Success is equal to Dreams to the power of Passion to the power of Actions.

The Golden Mantras of a successful life; dream to do, passion to perform, action to achieve.

Negatives distract, root them up.

Keep the block-chain of Karma growing; bigger, brighter.

Karma is like a current account. Returns will be based on the daily balance of deposit or overdraft. Count on the count of your good deeds.

Like bad debts, write-off negative people from the accounts of your life.

Like the principles of bookkeeping, keep on booking the principles of life. Happy learning.

Karma is like Blockchain technology. You can’t go back and edit anything in past, but surely can perform great ones today for the peace of mind in the future.

Keep reading; keep expanding, the horizon of knowledge.

Treat the time spent with the wrong people as sunk-cost and move on.

A smile is like a liquid asset, quickly exchangeable. Carry it always.

Time spent ‘on’ Dreams is like a recurring account; time spent ‘in’ dreams is a dormant account. Choose wisely.

Assume time is like a currency and passion is a recurring deposit account. Success is the interest that you reap.

Imagine an account that has a zero opening balance and zero closing balance but has millions of transactions in between. That’s what life is all about.

Accumulate reserves of inspiration at the fair value of unforeseen contingencies, for life is unfair.

In accounting, irrespective of the value, every journal entry matters; similar to experiences in life, evolve with every next one.

Your true value is not known till you become a scarce one.

Ups and downs in life are like debit and credit transactions in accounts; cause and effect for balancing and growth.

When you face the challenges of life and don't give up, the face value of your confidence shoots up.

Friends with toxic thoughts are like assets that cause depletion to the value of life.

Good deeds generate good luck, like compound interest.

Financial statements are my novels, I am a Chartered Accountant.

The contentment when a signature becomes an autograph is lesser than the moment your signature becomes a seal of trust; as a Chartered Accountant.

Every balance sheet tells a story that I love to read. I am a Chartered Accountant.

If others qualify, it's a great going; if an auditor qualifies, it's not.

Let there be a CA and chill.

All Ticked and Tallied; be it life, be it accounts. I am a Chartered Accountant.

The Chartered Accountancy degree is not a destination, but the start of a journey.

The reason of CA being the most respected profession is that it doesn’t have any quota or reservation system.

You do not just become, you evolve as, a Chartered Accountant.