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Edward

03/15/23 3:50 PM

#18122 RE: jtomm #18121

?????

what?

WHETHER YOUR PAYING OR NOT PAYING, IS IRRELEVANT.

ACCOUNTING IS DONE ON AN ACCRUAL BASIS, SO IF NOT PAID IT WOULD SHOW AS A LIABILITY, BUT STILL BE RECORDED AS EXPENSE.

ACCOUNTING IS AS FOLLOWS::

LIABILITY TO EXPENSES , THEN WHEN PAID CASH TO THE LIABILITY.

SO EITHER WAY IT IS SHOWN AS EXPENSE PAID OR NOT.