Debit and Creadit in Assets

[Mark Johnson]

See the FAQ:
http://wiki.gnucash.org/wiki/FAQ#Q:_What_are_debits_and_credits.3F

Mark

Christos Gentsis wrote:

>Hello
>
>I use the Gnucash 2.0.0 and i found out that in the assets, the credit
>and debit fields are in the other way around. More specific, then in a
>income account you credit some money the total of the account should
>increase (this is what happens), in expenses account then you debit then
>the total should increase (and this happens), but in assets, then you
>credit an account the total should be increased... but it is decreased,
>and it is increased then you debit it... which it doesn't look normal,
>because if you transfer money to this account then the account should be
>credited and not debited... (i think)
>
>Thanks
>Christos
>
>
>
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