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Diffstat (limited to 'doc/Ledger.scriv/180.rtfd/TXT.rtf')
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diff --git a/doc/Ledger.scriv/180.rtfd/TXT.rtf b/doc/Ledger.scriv/180.rtfd/TXT.rtf deleted file mode 100644 index 05c12f95..00000000 --- a/doc/Ledger.scriv/180.rtfd/TXT.rtf +++ /dev/null @@ -1,51 +0,0 @@ -{\rtf1\ansi\ansicpg1252\cocoartf949\cocoasubrtf460 -{\fonttbl\f0\fmodern\fcharset0 Courier;} -{\colortbl;\red255\green255\blue255;} -\pard\tx560\tx1120\tx1680\tx2240\tx2800\tx3360\tx3920\tx4480\tx5040\tx5600\tx6160\tx6720\sl264\slmult1\ql\qnatural\pardirnatural - -\f0\fs28 \cf0 Accountants will talk of ``credits'' and ``debits'', but the meaning\ -is often different from the layman's understanding. To avoid\ -confusion, Ledger uses only subtractions and additions, although the\ -underlying intent is the same as standard accounting principles.\ -\ -Recall that every posting will involve two or more accounts.\ -Money is transferred from one or more accounts to one or more other\ -accounts. To record the posting, an amount is @emph\{subtracted\}\ -from the source accounts, and @emph\{added\} to the target accounts.\ -\ -In order to write a Ledger transaction correctly, you must determine where\ -the money comes from and where it goes to. For example, when you are\ -paid a salary, you must add money to your bank account and also\ -subtract it from an income account:\ -\ -@smallexample\ -9/29 My Employer\ - Assets:Checking $500.00\ - Income:Salary $-500.00\ -@end smallexample\ -\ -Why is the Income a negative figure? When you look at the balance\ -totals for your ledger, you may be surprised to see that Expenses are\ -a positive figure, and Income is a negative figure. It may take some\ -getting used to, but to properly use a general ledger you must think\ -in terms of how money moves. Rather than Ledger ``fixing'' the minus\ -signs, let's understand why they are there.\ -\ -When you earn money, the money has to come from somewhere. Let's call\ -that somewhere ``society''. In order for society to give you an\ -income, you must take money away (withdraw) from society in order to\ -put it into (make a payment to) your bank. When you then spend that\ -money, it leaves your bank account (a withdrawal) and goes back to\ -society (a payment). This is why Income will appear negative---it\ -reflects the money you have drawn from society---and why Expenses will\ -be positive---it is the amount you've given back. These additions and\ -subtractions will always cancel each other out in the end, because you\ -don't have the ability to create new money: it must always come from\ -somewhere, and in the end must always leave. This is the beginning of\ -economy, after which the explanation gets terribly difficult.\ -\ -Based on that explanation, here's another way to look at your balance\ -report: every negative figure means that that account or person or\ -place has less money now than when you started your ledger; and every\ -positive figure means that that account or person or place has more\ -money now that when you started your ledger. Make sense?}
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