Author Archives

• Smart Investments: Cryptocurrency vs. Traditional Stocks!

  By Duty and Honor on April 16, 2024 • ( 0 )

  Embark on a thrilling treasure hunt for financial freedom in the investment world. Explore the Wild West of cryptocurrency’s high risk and reward, and the steady ship of traditional stocks. Diversify for safety, embrace smart strategies, and look to the… Read More ›

• AI’s Answers to Politics

  By Duty and Honor on April 15, 2024 • ( 0 )

  Aldous Huxley: “The propagandist’s purpose is to make one set of people forget that certain other sets of people are human.” This quote shows the power words have to divide societies and breed prejudice. Think politics, religion, racism, sexism, war…… Read More ›

• Identity Politics In Italy

  By Duty and Honor on April 15, 2024 • ( 1 )

  Observations from Italy, 2018. Here in Italy’s South Tirol, there are no great political convictions, only the constant complaint against whoever is in power. I often image that if Mussolini’s ghost won the next election, the attitude would be the… Read More ›

• Update (15 April 2024)

  By Duty and Honor on April 15, 2024 • ( 0 )

  Plans are already afoot on compiling as much information as possible from the Bookkeeping Certification courses. I was able to figure out how Kapital is used to create actual goods and services and how they were gained from transactional sales…. Read More ›

• Update (14 April 2024)

  By Duty and Honor on April 14, 2024 • ( 0 )

  

  After writing those three new Entries for Section One of Work-Standard Accounting Practices, I decided to take a break and start reading through the academic literature I found while researching for both the Second Edition and my Bookkeeping Certificate coursework…. Read More ›

• Work-Standard Accounting Practices: Accounts Uncollectible and Contra Accounts

  By Duty and Honor on April 13, 2024 • ( 1 )

  

  As established in the preceding Entries, the Kapital and Schuld tracked by Accountants and Bookkeepers in Double-Entry Account Bookkeeping have substantiated existences. There is Kapital being earned and spent as well as Schuld being incurred and reduced over the course… Read More ›

• Update (13 April 2024)

  By Duty and Honor on April 13, 2024 • ( 0 )

  There should no longer be any doubts about plans for the Second Edition of Work-Standard Accounting Practices. I just finished two Entries yesterday. For today and tomorrow, I am going to work on a few more Entries in hopes of… Read More ›

• Work-Standard Accounting Practices: Receipts and Invoices in Double-Entry Account Bookkeeping

  By Duty and Honor on April 12, 2024 • ( 2 )

  

  The transactional sales that occur under Double-Entry Account Bookkeeping will always include documentation for those affected by the movement of Kapital and Schuld. Returning to the example established in the preceding Entry, suppose there was a contextual event that prompted… Read More ›

• Work-Standard Accounting Practices: Daybook Journal and T-Chart

  By Duty and Honor on April 12, 2024 • ( 0 )

  

  The simple mathematical equation associated with Double-Entry Account Bookkeeping is designed to allow an Accountant and their assistant, a “Bookkeeper,” to create documents describing the movements of Kapital and Schuld between different entities. The Bookkeeper compiles the documentation for the… Read More ›

• Update (12 April 2024)

  By Duty and Honor on April 12, 2024 • ( 0 )

  For the purposes of the proposed plans to write the Second Edition of Work-Standard Accounting Practices, I will be writing a few Entries today and over the weekend. I am thinking about relaying the information from the certification course first… Read More ›