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The phrases “in the red” and “in the black” are opposites. While “in the red” describes being in debt or losing money, the phrase “in the black” describes being solvent or accumulating money. From an accounting perspective, your income statement shows whether you're in the red or in the black.
https://www.freshbooks.com/www.freshbooks.com › hub › accounting › in-black-vs-red
In the Black vs in the Red: What Does in the Black and in the ...
Link: https://www.freshbooks.com/hub/accounting/in-black-vs-red



https://smallbusiness.chron.com/smallbusiness.chron.com › Accounting & Bookkeeping › Accounting
Color Meanings in Accounting | Chron.com
Accounting color codes can be used in logos and marketing pieces to attract ... Red shows that a business is spending more money than what is actually in the ... While black is generally seen as an evil or negative color, the hue has a ...
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Link: https://smallbusiness.chron.com/color-meaning...60662.html



https://www.investopedia.com/www.investopedia.com › Business › Business Essentials
Black Definition - Investopedia
Jun 30, 2019 - Accountants used different colored ink—both black and red—to denote a company's profitability. Unlike a company in the black, one with ...
Link: https://www.investopedia.com/terms/b/black.asp