David,
I understood the tone just fine. No worries. And certainly, yes, an investment
should be an asset. (hopefully) I just found it odd that in all my searching
for the answer not a single source even addressed the perspective of the
personal books of the investor. I did find a chart of
Hi Adrein,
I apologise if my comment appeared a bit flippant. The intention of my
comment about choosing any name was really that the actual name is less
important than the structural aspect of it being an asset account. The
general expectation would be that an investment in a business would