Asked and answered!
Although there are two problems with the answer, the first being that I’m a CPEng and not a CPA, and the second is that your query is about the accounts of an Owners Corporation and not those of BHP Billiton.
My approach to the former has always been to not use esoteric account names and accounting techniques that makes it difficult for Owners to ascertain what the corresponding expense was actually for and which allow a plethora of expenses to be buried within them, and to “properly account” in a way that’s transparent and which allows Owners to easily understand what’s happening with their funds.
But then that’s my approach.