diff --git a/src/FAQ.md b/src/FAQ.md index d47531a..c204d55 100644 --- a/src/FAQ.md +++ b/src/FAQ.md @@ -173,7 +173,7 @@ Some PTA tools allow flipping the minus signs, or showing debit and credit termi - [hledger FAQ: Why are my revenue (income), liability, and equity balances negative ?](https://hledger.org/faq.html#why-are-my-revenue-income-liability-and-equity-balances-negative-) - [reddit: Is there any plain text accounting software which uses standard debits and credits?](https://www.reddit.com/r/plaintextaccounting/comments/18sbmsx/is_there_any_plain_text_accounting_software_which/) -### Which kind of account are loans ? +### Which account type are loans ? If you are the lender, in your ledger it's an asset. Eg assets:loans:PERSON or assets:receivable:BORROWER.