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KaLi · 03-14-2004, 08:19 PM

Accounts Payable is a liability. That scam was a liability. Cash is an asset. Cash - scam = decrease in equity. That = bad stuff. Serious bad stuff.

03-14-2004, 08:19 PM
KaLi Confirmed User Industry Role: Join Date: Aug 2003 Location: Lomita, CA Posts: 4,371	Accounts Payable is a liability. That scam was a liability. Cash is an asset. Cash - scam = decrease in equity. That = bad stuff. Serious bad stuff. __________________ icq:160-417-630