Perhaps you borrow $10,000. For what, it doesn't matter. You now have a new asset of $10,000, and a liability to pay back the $10,000 loan. One equals the other - so there is perfect balance. (I know no one borrows money just to have it. It's just to illustrate,)
-----Original Message----- From: gnucash-user [mailto:[email protected]] On Behalf Of Eneko Gotzon Sent: Wednesday, May 31, 2017 7:32 PM To: [email protected] Subject: Hi all bytes & money masters :) In the Accounting Equation <https://www.gnucash.org/docs/v2.6/C/gnucash-guide/basics-accounting1.html> section of the GnuCash Guide it is stated that: *you could have an increase in assets if you have a parallel increase in liabilities*. I do not well understand that: - Assets are about owned things. - Liabilities are about owed things. - So, *how can an increase in liability increase the assets*? Sorry about this kind of questions; I'm an absolute beginner in both accounting & GnuCash; in addition, I'm also a self teacher in English. I can understand your silence. Thank you. -- *Eneko Gotzon Ares* *Jakintza, Sorkuntza, Etika, Estetika, Bizitza* *Donostia, EH-NA* *Tf * *(+34) 943 273 431 (+34) 639 626 858* * Mezu hau eta berari atxikitako agiri oro isilpeko dira eta soilik hartzaileari zuzentzen zaizkie. Mezu hau hutsegitez jasoz gero berau ezabatzea eskatzen da eta igorleari horren berri ematea eskertuko litzake. Baimen agerikorik gabe debekatuta dago mezu honen edota bere edukinen edozein erabilera edo hedatzea, bai osoki zein zatiz. Mezu elektronikoak andea daitezke; mezu hau andeaturik, aldaturik edota aizun balego Eneko Gotzon Aresek edota bere ordezkariek uko egiten diote edonolako ardurei.* _______________________________________________ gnucash-user mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All. _______________________________________________ gnucash-user mailing list [email protected] https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
