Opening a New Account with Existing Retained Earnings

[Mike Alexander]

--On October 26, 2009 6:40:52 AM -0500 Mike or Penny Novack 
<stepbystepfarm at mtdata.com> wrote:

> NOTE: the only problem I can see starting your books with a "retained
> form previous years" (and with a book "starting equity" also from the
> start of that previous time) is that unlike when working pen and ink
> on paper you can't split both sides of a transaction (AFAIK none of
> the modern computer apps allow that).

I don't understand what you mean by this statement.  It seems to me 
that Gnucash allows an arbitrary number of splits on either side of a 
transaction.  I must not understand what you mean by "split both sides 
of a transaction".

       Mike