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Wo

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Wo

Re: Bergycb post# 30898

Wednesday, 02/24/2016 10:28:13 AM

Wednesday, February 24, 2016 10:28:13 AM

Post# of 128582
The accounting practice is to capture the value added in their economic activity. A single seed may be worth $10 ( or a million if its proprietary) , but the plant, once grown produces added value. ~ 70 grams of bud x $10 a gram. Voila $700 value. You put the work in to grow the plant, then you've earned it. Minus expenses. Now do that for your entire operation. It's not arcane. Its accounting for value added against expenses. Now to ship the product out for revenue