How to track mortgage (liability) payments as part of expense reports (2006)

[Art]

I hope I'm not at odds with GC policy, but I wanted to thank you for your
post which I found via a Google search trying to straighten out my home
accounting after retiring and buying a house.
I am not an accountant (but I played one in college - :->)
While looking for certainty in my cash flow, I found your post with,

For example:
Equity:Opening Balances   -> Assets:House		$100,000.00
Equity:Opening Balances   -> Liabilities:Home loan	$80,000.00

I love GC and realized what those "Adjustments" meant because of your post.
You made it so easy for an undergraduate physics major to realize how
Liability, Asset, and Equity interact. It's also a testament to how
classical GC is!

- Art