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-<?xml version="1.0" encoding="UTF-8"?>
-<!DOCTYPE plist PUBLIC "-//Apple//DTD PLIST 1.0//EN" "http://www.apple.com/DTDs/PropertyList-1.0.dtd">
-<plist version="1.0">
-<dict>
- <key>$archiver</key>
- <string>NSKeyedArchiver</string>
- <key>$objects</key>
- <array>
- <string>$null</string>
- <dict>
- <key>$class</key>
- <dict>
- <key>CF$UID</key>
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- </dict>
- <string>Title</string>
- <string>Text</string>
- <string>Date</string>
- <string>Untitled Snapshot</string>
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- <key>NS.string</key>
- <string>Assets are money that you have, and Liabilities are money that you
-owe. ``Liabilities'' is just a more inclusive name for Debts.
-
-An Asset is typically increased by transferring money from an Income
-account, such as when you get paid. Here is a typical transaction:
-
-@smallexample
-2004/09/29 My Employer
- Assets:Checking $500.00
- Income:Salary
-@end smallexample
-
-Money, here, comes from an Income account belonging to ``My
-Employer'', and is transferred to your checking account. The money is
-now yours, which makes it an Asset.
-
-Liabilities track money owed to others. This can happen when you
-borrow money to buy something, or if you owe someone money. Here is
-an example of increasing a MasterCard liability by spending money with
-it:
-
-@smallexample
-2004/09/30 Restaurant
- Expenses:Dining $25.00
- Liabilities:MasterCard
-@end smallexample
-
-The Dining account balance now shows $25 spent on Dining, and a
-corresponding $25 owed on the MasterCard---and therefore shown as
-$-25.00. The MasterCard liability shows up as negative because it
-offsets the value of your assets.
-
-The combined total of your Assets and Liabilities is your net worth.
-So to see your current net worth, use this command:
-
-@example
-ledger balance ^assets ^liabilities
-@end example
-
-Relatedly, your Income accounts show up negative, because they
-transfer money @emph{from} an account in order to increase your
-assets. Your Expenses show up positive because that is where the
-money went to. The combined total of Income and Expenses is your cash
-flow. A positive cash flow means you are spending more than you make,
-since income is always a negative figure. To see your current cash
-flow, use this command:
-
-@example
-ledger balance ^income ^expenses
-@end example
-
-Another common question to ask of your expenses is: How much do I
-spend each month on X? Ledger provides a simple way of displaying
-monthly totals for any account. Here is an example that summarizes
-your monthly automobile expenses:
-
-@example
-ledger -M register expenses:auto
-@end example
-
-This assumes, of course, that you use account names like
-@samp{Expenses:Auto:Gas} and @samp{Expenses:Auto:Repair}.</string>
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