Confused.. why are my expenses "profits"

[James Kerr]

On Friday 08 May 2009 Ken Heard wrote:

> James Kerr wrote:
> > You've reversed the debit and credit. When you pay for something
> > with your credit card you should debit the expense and credit the
> > credit card account.
>
> The best way -- for me at least -- to remember which is which:
> where the money comes from (income, theft by you, etc) is a credit;
> where it goes (expense, theft from you, etc) is a debit.
>

In gnucash, you don't really need to know about debits and credits. 
You can have "user-friendly" labels on the columns.
Go to Edit/Preferences/Accounts and uncheck "Use formal accounting 
labels". The column headings will now be more intuitive - Spend, 
Receive etc. 

Jim