OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

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Posted by Ororeef @ 16:25 on February 21, 2019  

accounting rules as of Jan 1 ..Leased premises need to be EXPENSED !   become (debits )..I am not sure but I think APPLE leased their Buildings and never paid rents ,but paid it in Stock .That may become a DEBIT under the new accountings .Thats how they showed fantastic Growth (NO EXPENSES) in running thier business..  WE may all be in for a shock when 1st quarter earning s are Posted   !   CASH will be KING and Nobody has any !

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.