If I can add my own beginner’s 2ç: One breakthrough came for me when I realised that the statement of financial position is basically a catalogue of what would happen if you were to die* right now.
All that’s owed to you (debits) gets given to others (credits). Your net position is always zero: as they say, you can’t take any of it with you. *Or if your company were liquidated. On Sun, 22 Oct 2023 at 19:21, Stan Brown (using GC 4.14) < stan...@fastmail.fm> wrote: > On 2023-10-22 10:42, Adrien Monteleone wrote: > > I am also of the opinion that hiding or obfuscating terms and concepts > > is not the solution. > > +1 > > It usually makes things harder not easier, as this very thread has > illustrated at great length. > > Stan Brown > Tehachapi, CA, USA > https://BrownMath.com/ > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > 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 gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: 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.