Generally using "credit cards" involves a liability account, not an asset account.
> On 11/23/2024 9:38 AM PST Phyllis Bruce <pobruc...@gmail.com> wrote: > > Whenever you spend money, you identify the source of the money (your bank > accounts or credit cards or cash from your wallet.) Those are your assets. > You also identify what you spend it on and those are your expense accounts. > You can usually identify one type of expense for each time you spend your > money and that is called a transaction. The money out will equal the item > cost. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: https://lists.gnucash.org/mailman/listinfo/gnucash-user ----- Please remember to CC this list on all your replies. You can do this by using Reply-To-List or Reply-All.