Equity wrong?

[James Kerr]

On 28/01/2012 17:52, MAD King wrote:
> Hello,
>
> I do have a misunderstanding with the equity.
> I added an opening balance and expenses, but somehow I get more and more
> equity. (see pic)
> Would someone please be so nice and explain me what I did wrong?
>
> Thank you
>
> http://gnucash.1415818.n4.nabble.com/file/n4336524/Gnucash.jpg
>
>
>

You haven't done anything wrong.

The Equity Account is only updated, to reflect income and expense, when 
the books are closed at the end of the accounting period. In order to 
see your actual equity at an intervening point in time you need to 
produce a Balance Sheet report.

Jim