[GNC] Where should i put my account "Loan to a Friend" when they evaded debt ?

[elvis]

On 20/2/20 2:47 pm, Long wrote:
> Hello GnuCash Users,
>
> I just assumed that when i loan to a friend and they don't give my money
> back, and then, where should i put that Account to make it doesn't not
> affect my Assets ? i mean, my Asset only had 100$, "Stealer" owed to me
> about 20$, everytime i open GnuCash... oh, look, this month i got 120$, and
> check my bank, oh man, it's only 100$...
>
> To Expense : I assumed that i want to put it to Expense, maybe it's make
> sense, because i already spent my money.
>
> To Liability : How about move it to Liability ? so look at a placeholder
> "Liability", my owe will decrease because i will make a negative account for
> "owed to me". it seems like unreasonable for me when i check my owed.
>
> of course, this is just assumed, like the way GnuCash teach us when the
> first time we fall in love with GnuCash.
>
> Thank you for take your time to read this post, and help me.

Expense account --->> Bad debts.


Write it off and be glad the experience only cost you 20 bucks...


>
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-- 
the melancholy of all things completed.