faq: edits
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@@ -84,7 +84,10 @@ You'll see it written in different ways, eg:
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You can check the accounting equation for your accounts by inspecting an ALE balance report
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like [`hledger bse`](https://hledger.org/dev/hledger.html#balancesheetequity).
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(In personal accounting, an imbalance in the accounting equation isn't necessarily a problem, and most people don't bother checking it.)
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(In practice a balanced accounting equation isn't essential for personal accounting, and most people don't check it.)
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- [Wikipedia](https://en.wikipedia.org/wiki/Accounting_equation)
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- [Investopedia](https://www.investopedia.com/terms/a/accounting-equation.asp)
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### What are balanced transactions ?
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@@ -98,9 +101,6 @@ PTA apps and other double-entry bookkeeping software enforce balanced transactio
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Note, balanced transactions does not imply a balanced accounting equation.
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Both of these can help detect errors, but balanced transactions is a higher priority.
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- [Wikipedia](https://en.wikipedia.org/wiki/Accounting_equation)
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- [Investopedia](https://www.investopedia.com/terms/a/accounting-equation.asp)
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### In english, should I call it Revenue or Income ?
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"Revenue" is more often used in business, and more precise;
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