On 08/05/2018 07:36 PM, David Cousens wrote: > Stephen, > > The translation from your simpler reply to my more complicated treatment > lies in the classification of Income and Expense accounts as temporary > Equity accounts whose values are transferred into a permanent Eqity account > as a profit or loss at the end of the accounting period and the expanded > accounting equation Assets=Liabilities +Equity+Income -Expenses > > David. >
Sometimes I cut too much off in my haste to get to the bottom line! :-) -- Stephen M Butler, PMP, PSM [email protected] [email protected] 253-350-0166 ------------------------------------------- GnuPG Fingerprint: 8A25 9726 D439 758D D846 E5D4 282A 5477 0385 81D8 _______________________________________________ gnucash-user mailing list [email protected] To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user If you are using Nabble or Gmane, please see https://wiki.gnucash.org/wiki/Mailing_Lists for more information. ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.
