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re: What’s the least amount a check would have to be for you not to even cash it?

Posted on 12/18/18 at 3:58 pm to
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35756 posts
Posted on 12/18/18 at 3:58 pm to
quote:

You're clearly bored


Isn't this TD?
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 3:58 pm to
I don't need it.


You want me to lie and say I do? Would that soothe you in anyway?
Posted by DisplacedBuckeye
Member since Dec 2013
72724 posts
Posted on 12/18/18 at 3:59 pm to
quote:

I think you're confusing the difference between an individual writing a personal check and a company writing a check out of their operating account.


Not at all. Fundamentally, the exchange of money gives little difference between the two. I'm aware that one will result in more of a financial impact than the other, but that isn't the point and it isn't the question I asked.
Posted by DisplacedBuckeye
Member since Dec 2013
72724 posts
Posted on 12/18/18 at 4:00 pm to
I'll help you out...again.

Cost =/= expense

Learn that before you spend your time Googling other shite you don't understand.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/18/18 at 4:00 pm to
if you dont need it then throw the check away if you're not going to deposit it. That would make me happy
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/18/18 at 4:02 pm to
quote:

I'll help you out...again.

Cost =/= expense

Learn that before you spend your time Googling other shite you don't understand.



You said the check being cashed costs the company $.21, that is dead wrong. Incurring the expense costs the company $.21. The cashing of the check just creates another journal entry.

quote:

Learn that before you spend your time Googling other shite you don't understand.

Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 4:02 pm to
quote:

That would make me happy


I'd be happy of I could stake you naked over a bed or red ants.
Posted by terd ferguson
Darren Wilson Fan Club President
Member since Aug 2007
108784 posts
Posted on 12/18/18 at 4:03 pm to
kinky
Posted by Brazos
Member since Oct 2013
20362 posts
Posted on 12/18/18 at 4:03 pm to
Who doesn’t want $36 or any amount of money owed to them?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/18/18 at 4:04 pm to
quote:

stake you naked over a bed


How exactly does that work?
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 12/18/18 at 4:04 pm to
quote:

Who doesn’t want $36 or any amount of money owed to them?



People that dont need it
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35756 posts
Posted on 12/18/18 at 4:05 pm to
quote:

I'll cash it whenever I"m not dealing with a sick mother and I can get home.



You know you post while on the throne. You've got time.
Posted by Tester1216
South Louisiana
Member since Jul 2018
22149 posts
Posted on 12/18/18 at 4:06 pm to
Posted by DisplacedBuckeye
Member since Dec 2013
72724 posts
Posted on 12/18/18 at 4:07 pm to
quote:

You said the check being cashed costs the company $.21, that is dead wrong. Incurring the expense costs the company $.21. The cashing of the check just creates another journal entry.




What happens to that money until the check is cashed? What happens to that money after the check is cashed?
Posted by Brazos
Member since Oct 2013
20362 posts
Posted on 12/18/18 at 4:08 pm to
Needing it is different than just getting what is owed to you. It’s bad business to just pass on money because you don’t “need” it.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/18/18 at 4:10 pm to
quote:

What happens to that money until the check is cashed? What happens to that money after the check is cashed?


It moves accounts, the company doesn't own it once they write the check in accrual accounting. You are just trying to be right by now talking about the custody of the money, but what you originally said is and will always be wrong.

Again, you said it costs the company when the check is cashed, that's not accurate, the custody of the funds is just exchanged
Posted by Champagne
Already Conquered USA.
Member since Oct 2007
48504 posts
Posted on 12/18/18 at 4:14 pm to
3 point 5 zero cents
Posted by DisplacedBuckeye
Member since Dec 2013
72724 posts
Posted on 12/18/18 at 4:14 pm to
What you're describing is simply shifting allocation of the money.

Figure that out, and start over.

quote:

You are just trying to be right


I am right.

This is another teaching moment for you. I'm impressed that you apparently just finished up an accounting class for your undergrad work, though.

Remember when you tried telling everyone that losing weight wasn't about taking in less calories than you burn?

This is like that...
Posted by LSUintheNW
At your mom’s house
Member since Aug 2009
35756 posts
Posted on 12/18/18 at 4:16 pm to
I bet all my fishing gear and both boats I own you have been on your phone at least once in your life while in the bathroom.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 12/18/18 at 4:16 pm to
quote:

What you're describing is simply shifting allocation of the money.

Figure that out, and start over.


You're a dumbass. The customer is the legal owner of the money when the expense is incurred. Whether its cashed or not is irrelevant, the only thing that changes is the custody of the funds.

quote:

I'm impressed that you apparently just finished up an accounting class for your undergrad work, though


What's your CPA license number?

quote:

Remember when you tried telling everyone that losing weight wasn't about taking in less calories than you burn?


I actually said the opposite dumbass, but per usual you don't know what the frick you are talking about.
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