View Single Post
  #46 (permalink)  
Old 08-25-2005, 04:38 PM
thedreamer's Avatar
thedreamer thedreamer is offline
Commentator
 
Join Date: Apr 2004
Location: Republic of Ireland
Posts: 884
ireland european union
thedreamer is on a distinguished road
Credits: 5,839
Default Actually

The banks treat it as a sale which increases there profits.

They Credit Sales and Debit Debtors so everything looks rosy.
Till the bad debts hit.
But heh, thats the next managers problem.
__________________
"Better to die on you feet than live on your knees" - Emilio Zapata
Reply With Quote