LOL X_PLAYER_J_X !!
We have an Accountant here!
Your games realistically analyzed by The King of Patzers 💥
Sort:
IareBatman wrote:
Your A/R should be .50 and bad debt expense should .50 be in the liability section.
Aint gonna get investors with financial reporting like that!
It is a start up company.
You really do not understand the NAsdaq Bubble in 2000's.
Lots of people bought lots of shares of companies worst than mine, lol.
And the bad debt expense is not a liability. IT is a correction for a bad asset, that is why it is decreasing the asset.
It is correct, according to Generally Accepted Accounting Principles.
Rob3rtJamesFischer wrote:
You never game the analysis Marco. Please analyze it.
Ok, I'm gonna analyse it.
Usually I do it very fast, as you can see in previous pages.
But as you are dead, I did not worry about time, because, as we know, you have all the eternity to wait.
MarcoBR444 wrote:
IareBatman wrote:
Your A/R should be .50 and bad debt expense should .50 be in the liability section.
Aint gonna get investors with financial reporting like that!
It is a start up company.
You really do not understand the NAsdaq Bubble in 2000's.
Lots of people bought lots of shares of companies worst than mine, lol.
And the bad debt expense is not a liability. IT is a correction for a bad asset, that is why it is decreasing the asset.
It is correct, according to Generally Accepted Accounting Principles.
LOL! GAAP requires the A=L+E, which isn't happenign here. OH and penny stocks are a fun hobby of mine, im well aware of the pump and dump of companies that don't actually do business. Which is why yours will go through the roof enventually!
REAL BUSINESS REVENUES! LOW FLOAT! MULTI-BAGGER HERE!
INVEST INVEST!
IareBatman wrote:
MarcoBR444 wrote:
IareBatman wrote:
Your A/R should be .50 and bad debt expense should .50 be in the liability section.
Aint gonna get investors with financial reporting like that!
It is a start up company.
You really do not understand the NAsdaq Bubble in 2000's.
Lots of people bought lots of shares of companies worst than mine, lol.
And the bad debt expense is not a liability. IT is a correction for a bad asset, that is why it is decreasing the asset.
It is correct, according to Generally Accepted Accounting Principles.
LOL! GAAP requires the A=L+E, which isn't happenign here. OH and penny stocks are a fun hobby of mine, im well aware of the pump and dump of companies that don't actually do business. Which is why yours will go through the roof enventually!
REAL BUSINESS REVENUES! LOW FLOAT! MULTI-BAGGER HERE!
INVEST INVEST!
You're wrong, chum.
See the Balance Sheet above again; the Accountancy Equation is there.
Warning to all, watch out for the King Patzers he seems a nice guy on the surface but he is a ruthless business man.
Recently he persuaded me to invest in a new property.
His ad said $250,000 per sq foot but the cost was only $250 per sq. foot when I checked. He said it was a typo.
I sent him a cheque for:
He then promised me a property like this:
Which in actual fact - turned out to be this:
So be warned, be weary of this con man!!
He has multiple business deals for the unwary.
And he still owes me $875,000
minus 50 cents for a game analysis.
MarcoBR444, Castling is definitely NOT for sissies, because it plays a major defense role. I find it funny that just for some extra dialogue, you made yourself look stupid in front of everyone.
Hotbiscuit_PRO wrote:
MarcoBR444, Castling is definitely NOT for sissies, because it plays a major defense role. I find it funny that just for some extra dialogue, you made yourself look stupid in front of everyone.
No, chum, you are looking stupid here, just saying.
Castling is for sissies because it is a defensive move.
Everyone should play like honoured man, face to face.
Leonidas from Sparta should kick you from his army since himself, as a king, never castled; he fought with honour in the front line of his army.
Shame, shame, shame, shame on you.
Rob3rtJamesFischer wrote:
I am dead Marco but I am not here for eternity, I believe in Budaism!
Analaiz mai geim pliz
Calm down, Yuri, I'm gonna analyse it soon.
Nikprit wrote:Warning to all, watch out for the King Patzers he seems a nice guy on the surface but he is a ruthless business man.
Recently he persuaded me to invest in a new property.
His ad said $250,000 per sq foot but the cost was only $250 per sq. foot when I checked. He said it was a typo.
I sent him a cheque for: He then promised me a property like this: Which in actual fact - turned out to be this: So be warned, be weary of this con man!!
He has multiple business deals for the unwary.
And he still owes me $875,000
minus 50 cents for a game analysis.
LOL!!!
The problem is I never received your check!!!
If you sent it, someone else took your money!!!
Rob3rtJamesFischer wrote:
MarcoBR444 wrote:
Rob3rtJamesFischer wrote:
I am dead Marco but I am not here for eternity, I believe in Budaism!
Analaiz mai geim pliz
Calm down, Yuri, I'm gonna analyse it soon.
You are the second one that calls me Yuri -_-
Im not Yuri. -_-
And seems like this analysis thing is a fake joke, I was waiting for humoristic and flawed analysis but it was a very complex game so I think I'm leaving this thread.
Ok, Yuri, my apologises. THE KING OF PATZERS CHESS ANALYSIS, INC., is a serious company and respects its customers.
I was spending my time trying to find the real name of NAJGRUNFELD, but I'm gonna make your analysis within 3 hours, despite the fact you are dead and have the entire eternity to wait.
Rob3rtJamesFischer wrote:
I thought I said I was not Yuri, and I also thought I had click on the unfollow button on this thread.
I am waiting for the analysis, I may contact Fischer via satanic rituals so he shares his insight on one of your games .
It was great if Fischer himself brought his own analysis from The Beyond.
It could be a great achievement for THE KING OF PATZERS CHESS ANALYSIS, INC., - the first company to spread a chess analysis from The Other Side!
Rob3rtJamesFischer wrote:
He would need a pay tho. Last time I talked with him he told me that whoever brough Kosteinuk to him would recieve infinite analysis.
After all Kosteniuk is a hottie chess girl.
I can not believe. Fischer asked to KILL Kosteniuk?
And according to PAWN SACRIFICE movie, Fischer was not so attached to women.
Here is your analysis, Yuri. You asked for the endgame analysis but THE KING OF PATZERS CHESS ANALYSIS, INC., is proud to give you the whole analysis.
Can I get this endgame analyzed, I feel like I blundered and let my opponent get a draw.
THE KING OF PATZERS CHESS ANALYSIS, INC., is proud to deliver another chess analysis. The billing is US$ 0,25. Thank you.
MarcoBR444, Then why, I ask, do you castle in one third of your games?
its supposed to be a joke
Your FINANCIAL REPORTS are totally off!
The Income Statement is like a Graveyard.
Everything which is dead, used up, or needs to be burried goes into it.
You wouldn't put Bad Debt into the Income Statement unless you was writting it off from your books.
If I remember correctly the transation will start off like below:
You do the Chess Services.
Than they if they chose to use credit the a transation will happen.
Debit: Account Recieveable .50
Credit: Service Revenue .50
The Debits = the Credits so it balances.
Later on if a person doesn't pay you.
You might start to begin to think they will never pay you.
An Account opens up under Account Recievable.
It is the Allowance for Doubtful Accounts. It is a Contra-Asset account.
Now you have to move the amount you think will not get payed into the Allowance. Currently it is in your Account Recieve on the debt side.
To move it you have to Credit the Account Recieve. You have to do the opposite to move it!
Than you will debit Allowance
Debit: Allowance for Doubtful Accounts .50
Credit: Account Recieveable .50
Now if the person still hasn't payed you. Some companys will get to a point were they are like. He is never going to pay me. The baster robbed me! I just want to make it all go away like it never happened!
Than they chose to write it off!
Their are several methods of writting stuff off.
One method is the Income Statement method.
I love the Income Statement method.
The Income Statement is the Graveyard in accounting.
When something is used up, dead, broke, or needs to be burried. The Income Statement is were you go!
Oh Yeah!
Now we have to move the Allowance for Doubt Accounts into the Income Statement!
Currently the Allowance for Doubt Accounts is on the debt side.
To move it you have to Credit the Allowance for Doubt Accounts. You have to do the opposite to move it!
Than you will debit Bad Debit Expense!
Debit: Bad Debit Expense .50
Credit: Allowance for Doubtful Accounts .50
Pooof! It is gone! We have burried it alive in the Income Statement baby!
I am like a magician! I have made it disappear in front of your eyes.
Your balance sheet will no longer show this!
Which means the Balance Sheet you showed is incorrect!
I call this magic act approach the A.C.O.W approach! or "A COW"
It stands for the below
Asset started off in the Account Receieve(Asset)
COntra Asset moved to Allowance for Doubt Accounts(Contra Asset)
Writting off moved to Bad Debt Expense(Income Statement)
Do you see how the A COW mooooo'ed/moved along?
It moooo'ed along the accounts until it was gone Baby!
Than after you have done all of this effort. The son of a bish comes back and pays you 10 years later!
Oh I hate these types of people. The Religious ones are the worse!
It is always the same! They don't pay you for so long!
Than they come back and decide to pay you because they seen the Gospel. They have seen the light. They have seen their wickness and want to repent.
Well guess what! Your still wicked in my eyes because now I have to undo everything because of you.
Its all your fault.
This isn't a normal transation any more. Do you honestly believe we can collect your money just like that?
Ha! You wicked serpent! You call yourself reborn under the Gospel.
We know your lieing making us do all of this extra work.
We are so over worked & under payed. Unbelieveable!
This guy right here thinks he can just hand us money and we can record it as if nothing happened.
Unbelieveable!
People want to see were that money came from. They want to take part in its journey to see its final destination.
We didn't do services for you this year. We did services for you in 1970 you baster.
You was so doped up on drugs and smoking weed with your hippie friends you can't even remember.
If you would of payed in a normal fashion like everyone esle this wouldn't of happen.
We did the A COW
Asset > Contra Asset > Income Statement
Now we have to undo all of the A COW. We now have to do the reverse.
Income Statement > Contra Asset > Asset
We have to start from the Income Statement to put the money back on the books
We Debited Bad Debit Expense before now we have to do the opposite.
We Credit the Bad Debit Expense than we move it to a Contra Asset.
Debit: Allowance for Doubtful Accounts .50
Credit: Bad Debit Expense .50
Now the money is in our Contra Asset we have to move it to the Asset which correlates with that Contra Asset.
To move anything you have to do the opposite of where it is at.
Currently it is in the Debit side of the Allowance.
We now have to Credit the Allowance. It cancels it out making the account 0.
Debit: Accounts Recieveable .50
Credit: Allowance for Doubtful Accounts .50
Now the money is in out Account Recieveable.
However, he finally gave us cash!
We now have to move it to cash.
Debit: Cash .50
Credit: Accounts Recieveable .50
Now it has reached its final decision! POW!
Look at all that extra work we had to do for no reason.
Those religious nuts! What is wrong with the world these days. Criminals arn't commited like they use to be.
People like changing all the time.