There are two highly accepted main streams to account for private cash; cash and accrued system. In the cash system we account for cash transactions as they happens, accrued takes into account to which period the transactions apply.
Category: Private
Articles which are likely to be relevant for private readers
-
2 Equity or bonds in a uncertain market
This article will attempt to weigh pros and cons of both equity and bond investments.
First the obvious statements: Equity always does best in the long run, due to increased yield (keeping up with inflation and such), where bonds only pay a fixed amount over a fixed time. Costs tend to be rather similar so having a flexible option that can go up tends to be better.
