Transfers between different bank accounts - How to record?

[Victoria_Stuart]

August 09, 2009

Hi - I have several personal bank accounts, and also some investment
accounts.  When I transfer funds from one to another, how are these recorded
- as an Income entry and a matching Liability entry (with these set up for
each account)? Or, is there some other way to record these transactions,
that don't affect my overall equity (just where the assets are)?

Second, same question, but for transfers between my personal bank accounts
and my professional bank account (in separate Personal and Professional
Ledgers, respectively)?  In this case, my equity *is* being shifted around
(personal <> professional accounts).

Thank you in advance for any comments / clarifications - much appreciated!

Sincerely, Victoria  :-)
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