Bannage

[greggy]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

Yeah, whatever he said.

Or whatever method your movie people use!

[deathlok]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

Yeah, whatever he said.

Or whatever method your movie people use!

Method? There's supposed to be a method? Dammit, why do I learn this now.

[greggy]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

Yeah, whatever he said.

Or whatever method your movie people use!

Method? There's supposed to be a method? Dammit, why do I learn this now.

Sucker any writers into agreeing to a percentage of the net lately?

[Red Hook]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

 

Yeah, well I figured that.....your Canadian!

 

Also, if you're going to work off the assumption that neither revenue nor expenses are recognized until the cash associated with them actually is received, how are you ever going to get work writing for annual reports?

 

[Illiterati-migration]

The matching principles are for wusses! Cash method for me!

 

 

 

RECENTLY-HEARD CONVERSATION OVERHEARD IN GREGGY'S S&M CHAMBER:

 

Greggy: "Looks like trouble down at the bank! That teller just changed those very valuable animal pelts for our stupid Canadian currency!

 

RedHook: "Oh my gosh! Looks like a job for... 'The Accountables!'"

 

Greggy: "Right! Form of... a calculator!"

 

 

RedHook: "Form of... a pocket protector!"

 

Greggy: ""

 

And together they spring into action! Well, actually, they both just lay there...

 

[greggy]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

 

Yeah, well I figured that.....your Canadian!

 

Also, if you're going to work off the assumption that neither revenue nor expenses are recognized until the cash associated with them actually is received, how are you ever going to get work writing for annual reports?

 

I only associate myself with private companies!

[Red Hook]

The matching principles are for wusses! Cash method for me!

 

 

 

RECENTLY-HEARD CONVERSATION OVERHEARD IN GREGGY'S S&M CHAMBER:

 

Greggy: "Looks like trouble down at the bank! That teller just changed those very valuable animal pelts for our stupid Canadian currency!

 

RedHook: "Oh my gosh! Looks like a job for... 'The Accountables!'"

 

Greggy: "Right! Form of... a calculator!"

 

 

RedHook: "Form of... a pocket protector!"

 

Greggy: ":o"

 

And together they spring into action! Well, actually, they both just lay there...

 

 

There's no accounting for taste.

[deathlok]

666

 

 

999 - 333 = 666

Is this some sort of accounting joke I don't get? Greggy, do you get this?

 

Well actually, to be precise, this is an example of Accrual Based Accounting Humor:

 

With the accrual method, you record income when the sale occurs (999), not necessarily when you receive payment (333). You record an expense when you receive goods or services, even though you may not pay for them until later. (666)

 

Get it?

 

That's a good one!!!!

 

 

 

 

 

 

 

The matching principles are for wusses! Cash method for me!

Yeah, whatever he said.

Or whatever method your movie people use!

Method? There's supposed to be a method? Dammit, why do I learn this now.

Sucker any writers into agreeing to a percentage of the net lately?

We call that the Hook clause. We could also give someone an associate producer credit.

[Illiterati-migration]

[Red Hook]

[deathlok]

[Illiterati-migration]

 

Looks like one o' them fancy colorless cartoons that I don't get.