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Re: Pre-paid inventor



Sorry for that! My misunderstanding of the English terms (I'm Dutch).
For explinations see:ÂWHAT ARE ASSETS, LIABILITIES, AND OWNERS' EQUITY?

Bert.

On Wed, Mar 10, 2010 at 17:32, Chris Travers <..hidden..> wrote:
On Wed, Mar 10, 2010 at 3:28 AM, Bert Vorenholt <..hidden..> wrote:
> In any case... it should be a liabilty account ("internal transfers" as
> mentioned by Marjan is), because they owe you money, until they deliver.
> Bert.
>

If they owe you money, it should be an asset account (similar to AR).

Best Wishes,
Chris Travers

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