Oops, YarnMommy, the V's are the right side, not the wrong side of stockinette!
Stef, basically, the RS (Right side) is the side that is on the outside, what is showing to the viewer when wearing a garment. And the WS is the opposite, the inside. If you're knitting in stockinette, this is the purl-side, with the dashes. If you're doing garter stitch, it will look the same as the RS.