Hi folks,

I'm somewhat surprised I couldn't find and answer to my question by
searching the list archives, so if this has already been discussed,
please point me to the thread(s).

How should I handle a loan (to me from a third party) is deposited to
a bank account?

This is how I naively modeled it (using beancount syntax):

2019-01-01 * "Loaner" "A loan"
  Liabilities:Loans                                      -5.00 EUR
  Assets:Checking                                         5.00 EUR

2019-02-01 * "Spend the loan"
  Expenses:SomeThing                                      5.00 EUR
  Assets:Checking                                        -5.00 EUR

;; not shown income to Assets:Checking

2019-03-01 * "Loaner" "Payback loan in full"
  Liabilities:Loans                                       5.00 EUR
  Assets:Checking                                        -5.00 EUR

Is this correct?

Best,
Casey

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