Quote:
Originally Posted by fatfoo
Yes, all the debt was erased.
The hotel manager had 100 accounts payable and 100 accounts receivable.
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No, the hotel manager paid his accounts payable.
If the guest (let's call him Stavros Papadakalos) came and took his 100 "back" then he effectively nullified the transaction so there is no receivable associated with it. The hotel manager misallocated his cash flow by anticipating a conclusion to a transaction that was not complete.
All the other debts are satisfied. Assuming that the bill, which is fungible, has any link to the actual payment is the logical error here.