delete file names

[David Carlson]

On 5/16/2013 5:27 PM, JOSEPH AIELLO wrote:
>
> Hi All;
> I seem to be going backwards,I thought I had this system,but I don't.
> I opened a new  business account and want to start with an opening balance of $2000.In the initial phase I place $2000 in the Checking Account under Assets.The  Account file shows Assets = $2000,Equity = $2000. 
> The Equity statement under Income & Expense reads as follows:
>  
> Capital, 01/01/2013     $0.00
> Net income for Period $0.00    
> Investments for Period $4,000.00    
> Withdrawals for Period $2,000.00    
> Increase in capital     $2,000.00
> Capital, 12/31/2013     $2,000.00
>  
> How did I get $4000? I did something wrong,but what?
> What is the proper way to initialize an Account?
>  
> ......thanks ...... joe
>  
> p.s. Is there a way I can search the threads for this subject matter?
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You might try the following link for a basic tutorial.  The author is
neither an accountant nor a GnuCash guru, but it is interesting and well
presented.

https://www.youtube.com/watch?v=aqAaScYVeRQ

David C