Accounts Payable

I'm getting royalties from everyone.

Accounts Payable is a liability

This check is payable to the bearer.

It is payable without means tested verification

I thought a bit. Payable in advance?

So let me add Accounts Payable over here.

Checks should be made payable to the ABC Company.

So we have an Accounts Payable increase of 100.

It's for 50 may payable to Mr Ian Steel .

So you have an Accounts Payable liability of 100 sorry, at this point we had no Accounts Payable liability and then after the end of the month we have an Accounts Payable liability of 100.

We're assuming nothing shady is happening with the Accounts Payable,

That means that you've increased your Accounts Payable by 100.

More than likely we'll make money from royalties and commercial licensing, etc.

Maybe we should patent the universe and charge everyone royalties for their existence.

He had this 5,000 dollars in accounts payable, also depicted over there.

Increasing the Accounts Payable is allowing us to not use all of our cash

A certified check for 6500 payable to Thomas Crailer, and signed by F.T. Latimer.

They'd even make the cheque payable to your pen name, if you had one.

And the only liability that Ben's shoe company had was this 5,000 in accounts payable...

The Lego guys don't give you any royalties, strangely, but some user made this and then it sold.

And it got me through some I didn't make any royalties on this, but it got me through.

They pay royalties over the sales to the patent holders, so they are remunerated for sharing their intellectual property.

Hunt up your cheque book and see how many cheques for ten pounds payable to the Ritz

This is happening the whole time while all these politicians and revolutionaries and royalties are moving around and trying to kind of strategize their position.

And going into the period, you didn't have any Accounts Payable, and then now that you're essentially borrowing 100 from your vendors, you're allowing to push back when you pay them, you now have an Accounts Payable of 100. and I'm not going to work it through on all of this stuff over here.

Anyway, after that whole, big, long explanation, the only question he had for me and this is not a joke is, are we paying royalties after we broadcast music of Michael Jackson?

So let me erase that and then let's add a line right over here so we can say Accounts Payable increase and now this is a source of cash.

Now this will change your cash accounting numbers, this will now be 100, and this would now be 500. but the more important thing is how this can be accounted for in Accounts Payable.

And we had no other changes, we haven't even addressed accounts payable, that's essentially pushing back, owing people, paying other people, paying your vendors money, but I don't even address that in the previous example.

We can be competitive with China on making patents on things that weren't thought of in the 50's and 60's. But, if we wait, Americans, Canadians, and Brazilians will be buying LFTR and molten salt technology from China and paying them the royalties.

But Warner Music Group, who holds the rights to Happy Birthday to You earned 2 million dollars in royalties in the year of 2008 for a song that was written almost a hundred years ago by people who have been dead for several decades.

Because we are living in times where the amazing memory in each of these seeds the memory of the land, the memory of our ancestors, the memory of evolution... all of that memory is being attempted to be wiped out by a handful of corporations for a few short years, so they can collect royalties by genetically modifying the seeds.

Also, it is not a sin if you divorce your wives before the consummation of the marriage or the fixing of the dowry. But the dowry will be due from a husband whether he is rich or poor. It is payable in a reasonable amount according to the husband's financial ability. This is an obligation for the righteous ones.

I will try to do proportional to the size so that right over there, that is the accounts payable the five thousand dollars. they both have that on the liability size now where they really diverge so this is the same amount 5 thousand dollars it should be about 1 4 of the size its not exactly how I've drawn it but where they really diverge is that Jason