=================================================================== RCS file: /cvs/pta/pta-accounts.5,v retrieving revision 1.1 retrieving revision 1.3 diff -u -p -r1.1 -r1.3 --- pta/pta-accounts.5 2020/09/27 14:35:34 1.1 +++ pta/pta-accounts.5 2020/10/04 13:00:24 1.3 @@ -1,4 +1,4 @@ -.\" $Id: pta-accounts.5,v 1.1 2020/09/27 14:35:34 schwarze Exp $ +.\" $Id: pta-accounts.5,v 1.3 2020/10/04 13:00:24 schwarze Exp $ .\" .\" Copyright (c) 2020 Ingo Schwarze .\" @@ -14,12 +14,12 @@ .\" ACTION OF CONTRACT, NEGLIGENCE OR OTHER TORTIOUS ACTION, ARISING OUT OF .\" OR IN CONNECTION WITH THE USE OR PERFORMANCE OF THIS SOFTWARE. .\" -.Dd $Mdocdate: September 27 2020 $ +.Dd $Mdocdate: October 4 2020 $ .Dt PTA-ACCOUNTS 5 .Os .Sh NAME .Nm pta-accounts -.Nd account definition list for the plain text accounting program +.Nd account definition list for plain text accounting .Sh DESCRIPTION The file .Pa accounts.txt @@ -112,7 +112,7 @@ for statistical accounts It is recommended but not required that all account numbers in a given bookkeeping file have the same length. .Ss Account types -To correctly assign account types, it is crucial to remeber the +To correctly assign account types, it is crucial to remember the following distinctions. .Pp Balances on asset, liability, and equity accounts @@ -125,12 +125,12 @@ Assets are classified accourding to the physical or le they currently take. .Pp The sums of assets always equals the sum of equity and liabilities, -but in the case of equities and liabilites, this same sum is +but in the case of equity and liabilites, this same sum is subdivided according to who actually owns the values, and in which legal form, no matter in which physical form the value is currently available. .Pp -Equity is the value owned by the legal person themselves, for example +Equity is the value owned by the legal person themself, for example outstanding shares, private deposits by the owner of the business, and retained earnings. .Pp @@ -142,7 +142,7 @@ revenues and expenses do not represent values at rest but changes of values, or more specifically, changes of equity, or even more specifically, changes of retained earnings. Revenues represent increases of equity; -expenses reqresent decreases of equity. +expenses represent decreases of equity. .Pp For example, buying an apple and eatiing it is an expense, reducing equity. @@ -183,7 +183,7 @@ On the other hand, trade laws of the same countries ma booking these revenues and increasing the values of the assets. .El .Pp -In contrast to many commercial accountig programs, +In contrast to many commercial accounting programs, .Xr pta 1 does not attempt to guide the user to conform to the particular bookkeeping or legal system of any country.