clerk @ cb14fd1

; source: hledger/examples/borrowing.journal

; some simple borrowing and lending transactions

; money to be repaid to others is a liability, usually called "accounts payable"

1/1 borrow from alice

  assets:cash                 10

  liabilities:payable:alice  -10

1/2 repay alice

  assets:cash                -10

  liabilities:payable:alice   10 = 0 ; optional balance assertion showing alice is fully repaid

; money to be repaid to you is an asset, usually called "accounts receivable"

1/3 lend to bob

  assets:cash                        ; omitting the second amount this time

  assets:receivable:bob       25

1/4 receive repayment from bob

  assets:cash

  assets:receivable:bob      -25 = 0 ; balance assertion showing no more money is due from bob

; a loan with interest and late fees

2/1 assume some money in checking at the start

  (assets:bank:checking)       30

2/1 borrow from bank

  liabilities:payable:bank

  assets:bank:checking       1000

3/1 a bank repayment

  liabilities:payable:bank    97 = -903

  expenses:interest:bank       3    

  assets:bank:checking      -100

4/15 a bank repayment, late

  liabilities:payable:bank    97 = -806

  expenses:interest:bank       3    

  assets:bank:checking      -100

5/1 repay bank in full

  liabilities:payable:bank   806 = 0

  expenses:interest:bank       3    

  expenses:late fees:bank     15

  assets:bank:checking