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Old 04-10-2005, 02:57 PM  
jayeff
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Join Date: May 2001
Posts: 2,944
Assuming you wanted to keep your records properly, from an accounting point of view you would treat both just like bank accounts. The main difference is that your accountant/auditor would not be so easily able to independently verify the balance at your year-end. That might cause some issues if the sums involved were large: not in simple book-keeping terms, but as regards the accountant being willing to sign off that your accounts were "a fair and accurate statement... etc...".
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