Alan, The guide has an introductory session. The present version doesn't have a full explanation of the way accountants use debits and credits but the next version will. You will find a pretty good explanantion on Wikipedia and a few other sites. Look up Double Entry, Debits and Credits with Google. In short form
Debits increase the balance of Asset and Expense accounts Credits decrease the balance of Asset and Expense accounts Credits increase the balance of Liability, Equity and Income accounts Debits decrease the balance of Liability, Equity and Income accounts For an individual transaction the sum of debits = sum of credits Davdi ----- David Cousens -- Sent from: http://gnucash.1415818.n4.nabble.com/GnuCash-User-f1415819.html _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org 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.
