After converting from gnucash to beancount I compared the balance sheet from 
both. 

It turns out that Gnucash automatically computes a line item in Equity section 
called retained loss. It is simply  all expenses minus all incomes.

However, beancount balance sheet does not have this line item. As a result, the 
accounting eqution, 'Assets = Liability + Equity' is unbalanced.

What is the best way to handle this in beancount?

Thanks,
Anand

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