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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 4:10 pm to
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 DisplacedBuckeye
Member since Dec 2013
73532 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...
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