On 2018-09-03 12:28 PM, Jens Dill wrote:
On 2018-09-03 11:52 AM, David Cousens wrote:
This is strictly an accounting question as the accounting solution will be
very dependent upon the legislation governing the trust in your
jurisdiction....
Your point is well taken. I am consulting my CPA. But the purpose of my bookkeeping is simply to organize the information to feed to the CPA, who will presumably keep the proper books for tax purposes.
And, I should add, my CPA has told me she would be perfectly happy if I kept everything in spreadsheets.
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