This is just for my entertainment and curiosity of what others think… this is a company who wants me to start their books keeping services in 2024 and these numbers shocked me compared to what they actually have in their accounts…
A company profit and loss as of today reports…
Gross profit $352,695.51
Net profit $97,942.76
How much would you guess this company had in their checking and savings account??
Current totals as of today…
Checking $1,865.32
Savings $5,213.33
The owner has blown and additional money that comes in from the business… they have no other accounts, no savings and pay for their expensive life style from the accounts until they’re is nothing but a couple thousand left. This post was for pure entertainment for me because I know this is not good at all unless they actually had money sitting somewhere which they don’t…