Examples for entering transactions
Diane Mackay
diane at mackmoon.com
Mon Jun 30 10:01:14 CDT 2003
Ralph van Etten wrote:
>
> But now in expenses there is only 50% of it. If I want to make a list of
> all the things we've bought I can book the tv to
> expenses->together->tv-set and see in expenses->together all the things we
> bought. Only, it doesn't say how much it originally cost, just how much
> money it cost me.
>
> Is it still possible to make a list with all the things we've bought
> together and have full price listed and not only the amount i've spend on
> it ?
>
Purchase:
o Debit shared asset account 50%
o Debit accounts receivable 50%
o Credit bank account 100%
Receipt of Payment:
o Debit shared asset account $ received
o Credit accounts receivable $ received
Will this work? ...or...
Purchase:
o Debit shared asset account 100%
o Debit accounts receivable 50%
o Credit bank account 100%
o Credit shared asset account 50%
Receipt of Payment:
o Debit shared asset account $ received
o Credit accounts receivable $ received
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