Replies to post #220526 on The Golden Lounge

[ashkelon]

I've looked for your reasoning as to why it is "unethical" for JBII to be listing their assets as such. Could you help us out and provide some?

You don't have to reply unless you have a real, well-thought out reason.

We won't be holding our breath.

[Rawnoc]

Wrong again.

"In accounting, a current asset is an asset on the balance sheet which is expected to be sold or otherwise used up in the near future, usually within one year, or one business cycle - whichever is longer. Typical current assets include cash, cash equivalents, accounts receivable, inventory, the portion of prepaid accounts which will be used within a year, and short-term investments."
http://en.wikipedia.org/wiki/Current_asset


"Media credits" is another term for Prepaid Media. Like buying your car insurance one year in advance you have "Car Insurance Credits" listed under current assets.