Understood. Thanks for your answers Daniël and Craig. On Monday, December 29, 2014 10:06:59 PM UTC-5, Daniel Bos wrote: > > If you're not depreciating the car (i.e., considering the purchase an > expense, instead of an investment), then technically, the sale is income. > However, in ledger you can draw from any account you wish, there are no > restrictions. > > Equity would be a reasonable choice. > > On Tue, Dec 30, 2014 at 10:55 AM, Craig Earls <[email protected] > <javascript:>> wrote: >> >> Use an equity account instead of income. >> >> >> On Monday, December 29, 2014, zt <[email protected] <javascript:>> wrote: >> >>> I just started using ledger and want to find out how to represent the >>> sale of my car. This is a personal car and do not care about depreciation >>> etc. Let's assume that I got $5K when I sold the car and the buyer wrote me >>> a check which I deposited in my bank account. >>> >>> This is how I have it right now: >>> >>> 2014/08/25 * Deposit: $5K Car sale >>> Income:Misc:UnknownDeposit $ >>> -5000.0 >>> Assets:Bank:Personal $ >>> 5000.0 >>> >>> >>> The problem is that my income is now inflated. Really all I want to do >>> it increase my personal asset without affecting my income. Is income the >>> only account that I can use to track money coming in? Please let me know >>> the best way to handle this situation. >>> >>> -- >>> >>> --- >>> You received this message because you are subscribed to the Google >>> Groups "Ledger" group. >>> To unsubscribe from this group and stop receiving emails from it, send >>> an email to [email protected]. >>> For more options, visit https://groups.google.com/d/optout. >>> >> >> >> -- >> Craig, Corona De Tucson, AZ >> enderw88.wordpress.com >> >> -- >> >> --- >> You received this message because you are subscribed to the Google Groups >> "Ledger" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to [email protected] <javascript:>. >> For more options, visit https://groups.google.com/d/optout. >> > > > -- > -- > Best regards, > Daniël Bos > > > Your government is reading your email. Slow them down with encryption. > > My public key: http://goo.gl/gms497 (4096 bit RSA, id EF2D5D91) > Fingerprint : D8D0 9FBE F075 F709 7B52 2F73 326C 2123 EF2D 5D91 >
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