as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
double-entry bookkeeping: when selling an asset, does the money come from, equity or income?
user
there are basically two approaches, based on how detailed you want to be in your own personal accounting: obviously the more like a business or like "real" accounting you want to be, the more complex you can make it, but in general i find that the purpose of personal accounting is (1) to track what i own, and (2) to ensure i have documented anything i need to for tax purposes, and as long as you're meeting those goals any reasonable approach is workable.
assistant