An Asset is typically increased by transferring money from an Income
account, such as when you get paid.
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Ledger: Command-Line Accountingccounting with Ledger [Contents][Index] 3.3 Assets and Liabilities Assets are money that you have, and Liabilities are money that you owe. “Liabilities” is just a more inclusive name for Debts. <span>An Asset is typically increased by transferring money from an Income account, such as when you get paid. Here is a typical transaction: 2004/09/29 My Employer Assets:Checking $500.00 Income:Salary Money, here, comes from an Income account belonging to ‘My Employer’, and is transferred to y Summary
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