Sorry for that! My misunderstanding of the English terms (I'm Dutch).
For explinations see: WHAT ARE ASSETS, LIABILITIES, AND OWNERS'
EQUITY?<http://smallbusiness.dnb.com/accounting-reporting/assets/1257-1.html>
Bert.
On Wed, Mar 10, 2010 at 17:32, Chris Travers <[email protected]>wrote:
> On Wed, Mar 10, 2010 at 3:28 AM, Bert Vorenholt <[email protected]> wrote:
> > In any case... it should be a liabilty account ("internal transfers" as
> > mentioned by Marjan is), because they owe you money, until they deliver.
> > Bert.
> >
>
> If they owe you money, it should be an asset account (similar to AR).
>
> Best Wishes,
> Chris Travers
>
>
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