I keep a spreadsheet with my personal financial statements (balance sheet, income statement, cash flow) that generally follows the corporate approach. I omit considerations of depreciation, etc. There's one nit picky detail that doesn't sit well with this approach. I took money out of my RRSP under the LLP to fund my graduate studies. My balance sheet at the time then had a corresponding lower amount for the RRSP account, and the money was spent. However, it's still somewhat of a liability in that it needs to be paid back in a given amount of time.
The question is, how would I record that on my balance sheet? What I've done so far is included a liability LLP withdrawal with the outstanding amount as well as a corresponding fake asset Education from LLP withdrawal with the same amount such that the two together cancel out and don't affect the rest of the sheet.
I just figured on this late night I'd post this question, but know that it is certainly not of utmost importance.