From fbf670c55e57370ddb38d3ada10f03fd3801046a Mon Sep 17 00:00:00 2001 From: Simon Michael Date: Thu, 11 Apr 2024 11:44:48 -1000 Subject: [PATCH] faq: edits --- src/FAQ.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/src/FAQ.md b/src/FAQ.md index 87f1d4e..3ce465c 100644 --- a/src/FAQ.md +++ b/src/FAQ.md @@ -84,7 +84,10 @@ You'll see it written in different ways, eg: You can check the accounting equation for your accounts by inspecting an ALE balance report like [`hledger bse`](https://hledger.org/dev/hledger.html#balancesheetequity). -(In personal accounting, an imbalance in the accounting equation isn't necessarily a problem, and most people don't bother checking it.) +(In practice a balanced accounting equation isn't essential for personal accounting, and most people don't check it.) + +- [Wikipedia](https://en.wikipedia.org/wiki/Accounting_equation) +- [Investopedia](https://www.investopedia.com/terms/a/accounting-equation.asp) ### What are balanced transactions ? @@ -98,9 +101,6 @@ PTA apps and other double-entry bookkeeping software enforce balanced transactio Note, balanced transactions does not imply a balanced accounting equation. Both of these can help detect errors, but balanced transactions is a higher priority. -- [Wikipedia](https://en.wikipedia.org/wiki/Accounting_equation) -- [Investopedia](https://www.investopedia.com/terms/a/accounting-equation.asp) - ### In english, should I call it Revenue or Income ? "Revenue" is more often used in business, and more precise;