Left & Right Mr. Webster also defines the left as sinister, evil, leading to disaster. (Websters II New Riverside University Dictionary) Financially, on an income statement ledger a left balance is negative (loss, debit) and a right balance is positive, profit (credit). On a balance sheet the bottom line (equity) a left/debit balance is a negative equity and a right/credit balance is a positive equity. I have often wondered why it is that Conservatives are called the right and Liberals are called the left. By chance I stumbled upon this verse in the Bible: The heart of the wise inclines to the right, but the heart of the fool to the left. Ecclesiastes 10:2 (NIV). Thus sayeth the Lord. Amen. Cant get any simpler than that. Now A Spelling Lesson The last four letters in American..........I Can The last four letters in Republican........I Can The last four letters in Democrats.........Rats End of lesson.
Posted on: Thu, 13 Mar 2014 06:35:25 +0000
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