Bebida Beverage Company (BBDA)

[kidnova]

The mortgage payments are expensed and should flow through the income statement. Therefore, any money spent to pay the mortgage would be subtracted prior to calculating net income. The balance of the mortgage should show up as a liability on the balance sheet, and it doesn't. And yes, if you bought a building in cash the entire expense would flow through the income statement resulting in a reduction in the cash account and an increase in capital assets.

I'm not going to waste my time trying to explain basic accounting to you, but the end result is the financials are missing a huge sum of supposed net income, and no excuses from shareholders will explain them. The only one who can account for the money is the CEO and he refuses to do so.