Scholarships And Grants

[ArcherSam]

Hey!

Currently I have my scholarship and grants with their balance under
"Income". Which I know is wrong. 

Am I correct to put my scholarships and grants in my "Assets"?
Do I need to created an "Educational" asset account?
When transactions are made pertaining to education(e.g. tuition), do I just
allot them to "Expenses:Educational"?

My current account setup(pertaining to education) is described below:

-Assests
-Equity
-Expenses
-Income
 -Grants
 -Scholarships
-Liabilities
 -Loans

Sam



--
View this message in context: http://gnucash.1415818.n4.nabble.com/Scholarships-And-Grants-tp3841252p3841252.html
Sent from the GnuCash - User mailing list archive at Nabble.com.