Query
David Overton
doverton at bigpond.net.au
Thu Oct 2 00:09:38 CDT 2003
On Wed, Oct 01, 2003 at 03:47:24PM +1000, doug foskey wrote:
> I can only answer for my own case: I 'fudged' a figure to balance the first
> statement I balanced. (This is so the ending balance is always correct.) I
> created an account to transfer this balance to (or take it from) that was a
> junk account, or an account not normally used, so call it something like
> 'Opening balance'. It would be an asset or liability account.
Actually, `Opening balance' should be an equity account.
David
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