I agree , The AR should be an Asset.  I can easily rectify that.

These are home mortgage loans.  

My client had purchased the loans, and at the time the Asset Loans (Home Mortgages) and the Client Liability Loans (used to purchase the Asset Loans) were the same.  The debits and credits equaled. and were in a partnership. Which i did not do the accounts for. The partnership dissolved, and the partners divided out the Asset & Liability Loans.  

So when I received them.   The Asset Loan balances were greater than the Client Liability loans, due to the different interest rates.   So posting the Loan Balances I do not equal out.  I need to put the difference somewhere.   As the difference has to do with the past partnership, i'm thinking I would put the difference in an  account , other, and not include in business income or expense. 

Thank you