Proprieter's COntributions and Drawings

Bell John jbelllinux@yahoo.com
Sat, 31 Mar 2001 06:24:04 -0800 (PST)


I have submitted this question before without
receiving an answer.  In the context of a sole
proprieter business how should the proprieter's
contributions and drawings be represented?  My
understanding of normal accounting practice is that
these would be transactions between an Equity Account
on one side and a Bank, Cash, or Asset Account on the
other.  However, gnucash does not seem to use Equity
Accounts for anything other than initial and carried
forward balances.  What is the correct way to
represent these transactions in gnucash?

__________________________________________________
Do You Yahoo!?
Get email at your own domain with Yahoo! Mail. 
http://personal.mail.yahoo.com/?.refer=text