Assets or Liabilities?

Davey Benson the.lounge at btconnect.com
Tue Feb 26 08:57:00 EST 2008


Mike or Penny Novack wrote:
> Davey B wrote:
>
>> Hi, just started playing with Gnucash and was wondering if funds 
>> brought to a business by Directors should show as equity or 
>> liabilities and also how you deal with the imbalance on the 
>> originating transaction?
>>  
>>
> Davey,
>    Questions like this aren't about GnuCash but are about law and 
> accounting and any answer requires far more knowledge about ......
(snip)

Yep, I now realise that and fully take on board what you say. Techy 
issues only ;)

Thanks
Davey


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