4 ms·

Exactly, if it was a liability, you would simply delete it, because unlike real liabilities, it's legal.

• nissimk 7y ago
  You don't delete it because it's a liability in the maintenance account but it's an asset in the features account.
  • cc81 7y ago
    So everything is a liability?
    • lvh 7y ago
      In the double entry bookkeeping sense that GP is using it, yes, everything is a liability. They’re also necessarily equal, which I think is where the disconnect between the analogy in the post and the analogy here comes from.