Posted On: 01/09/2016 9:14:43 PM
Post# of 96900
We can go on all night with scenarios but you have to see the agreement--I have not.
Now to your example, I get a $50 gift card for Christmas, your saying income picked up 2015. Today I used it to buy clothes--so 2016 no sale, just the cost of the clothes.
If this was my only Business in 2015 & 2016 I would have sale & profit of $50 in 2015. I would have $0 sale and a loss of $$ (stores cost of clothes) in 2016. Don't agree.
Now to your example, I get a $50 gift card for Christmas, your saying income picked up 2015. Today I used it to buy clothes--so 2016 no sale, just the cost of the clothes.
If this was my only Business in 2015 & 2016 I would have sale & profit of $50 in 2015. I would have $0 sale and a loss of $$ (stores cost of clothes) in 2016. Don't agree.
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