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Contents
module ESA
module Accounts
# The Equity class is an account type used to represents owners rights to the assets.
#
# === Normal Balance
# The normal balance on Equity accounts is a *Credit*.
#
# @see http://en.wikipedia.org/wiki/Equity_(finance) Equity
#
# @author Lenno Nagel
class Equity < ESA::Account
# The normal balance for the account. Must be overridden in implementations.
def update_normal_balance
unless self.contra
self.normal_balance = :credit
else
self.normal_balance = :debit
end
end
end
end
end
Version data entries
9 entries across 9 versions & 1 rubygems