GnuCash 4.14 on Linux

As part of a QIF import, I have the following transaction:
^
D1/12'24
NDiv
Yblue owl cap
CX
T122.50
Mblue owl cap
LIncome:us:NoTax:Roth-F-Fid:div:blue owl cap
^

However, when I do the Import in GnuCash, it shows up as:
Income:Dividends:Assets:us:Investments:TaxFree:f:Roth-F-Fid.:blue owl cap

I do not understand why the QIF importer is ignoring the L... line
Now, the account on the L... line does not yet exist (so that might be the
reason).

In case it matters, the first few lines in the QIF are:
!Account
NAssets:us:Investments:TaxFree:f:Roth-F-Fid
TInvst
^
!Type:Invst
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