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Boosted by jsonstein@masto.deoan.org ("Jeff Sonstein"):
ndw@toot.wales ("Norm Tovey-Walsh") wrote:
Hey, accountants! Suppose I have two accounts A and B. A is a 32 day notice account. On Jan 1, I move $100 from A to B. That’s recorded as a withdrawl from A on Jan 1. On Feb 2, a $101.23 deposit is recorded to B. Thats $100 plus 32 days interest. How on earth does one reconcile this in double-entry bookkeeping? Where do I get/put the extra $1.23?