Difference in Equity and Assets (checking a/c)

Hossain contacthossain at gmail.com
Mon Sep 14 03:54:21 EDT 2015


Hello, I m very new to GnuCash, I need some clarifications.I m confused 
about Equity.
I have 1000$ in checking a/c (parent-Assets). I make a transaction at Income
for 200$ (Assets:Current Assets:Current Account) but
it doesnt increase my-  opening balance(parent-Equity). IT only 
increases checking a/c (parent-Assets)
to 1200$. As far as I knw, Equity is what I have in total, then why is 
this 200$ not added to Equity?





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