Cash on the left, whats on the right?

[John Ralls]

On Jan 9, 2014, at 12:09 AM, Njimgye Tekumafor, Gabriel GIZ CM <gabriel.njimgye at giz.de> wrote:

> Hello,
> 
> Just a quick question about cash, if we use cash to buy all our stuff, the entry account in Current Assets-Cash in Wallet, I just wish to confirm that in the left account (expense, equipment, etc) the column labeled "transfer" has to be Current Assets-Cash. Am I right?

Probably not. 

Assuming that the transaction is recording spending some of the money in your wallet, you’d normally want the other account to be an Expense account which gives some indication of what you spent the money on.

Regards,
John Ralls