Advice please - How do I?

Mike or Penny Novack stepbystepfarm at mtdata.com
Sun Nov 21 16:04:16 EST 2010


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>The only thing this does not do is record the fact that I paid money anywhere for a computer game, but I'm thinking that to do this I would simply add an extra step.
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>Does this make sense?
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Not to me. Why should you be recording anywhere that YOU had an expense 
for a computer game? I thought the net effect of this pair of 
transactions is that your child borrowed money from you to buy a 
computer game (your charge card was used instead of cash) and then later 
the child paid you back. It's the CHILD'S expense for a computer game 
(if your child keeps books). A far as your books are concerned it 
shouldn't matter WHAT sort of expense this was for the child. Of course 
if you are keeping books for the child .......)

Michael


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