10-03-2023, 12:04 AM
I dropped out of my accounting class because that shit doesn't make any sense. Oh, the company had a net loss of $100,000. That's OK, for our investors, we'll just take these numbers from this other column and move them over and voila, we now show a $350,000 profit. But for our taxes, we'll take this other ledger and do some juggling - there. We've effectively made $0 dollars and don't need to pay anything now. Bonuses all around for the 3 letter tiered people. Wooooo!!! (that was a lot of sarcasm in case you couldn't tell)...