And, of course, the last one well, it's not of course if you don't know it is the cash flow statement.

But my colleagues didn't know.

And that reconciliation is going to be done with the cash flow statement.

And I was actually collecting it from all the automotive shops in the area on my bicycle.

You have sold two squares for 10 cents each one and now you cannot get paid.

We are going to retrieve the money at any cost.

So hopefully that gives you a sense of why we add back depreciation when we figure out the cash from operations and how it works out in our cashflow statement.

We know from our example that we used that 60,000 to buy a 60,000 truck.

Bring them onboard.

Got it.

You get 400 from the customer the previous month.

And they just got the fee.

You're gonna help him get the money or she's dead.

It's time to call in our chips.

Call Van Zant, collect the money.

You got the cash there, so we went from negative 100 added 400 to 300 and you had another 200 in cash, so that gives us 500 in cash again, but we didn't earn any revenue, that 200, that was a kind of cash advance, so we put that right over here in deferred revenue, that's revenue that we're deferring to a future period, in the future we will earn, this is now a liability because we were obligated to earn that revenue.

I guess you could say non cash assets, right?

And what I'll do, I'll do the accrual accounting right here

So did we recover the cylinder?

So you got the corpse?

And I'm just going to talk through this animation.

Take it out of his payroll.

Can any data be recovered?

And the way that you account for this 200 in advance from a customer, is you call that deferred revenue.

My share in cash. Now.

Cash.

Cash.

Maximum iterations

The case has returned.

He gets mad when I'm a day late with his money!

Was the official toll. Seriously?

Yes, exactly.

Cash, please.

Cash!

I want you to collect magazines from everybody.

Now the reason this works is because patent trolls are paid a percentage of what they're able to recover in settlements.

So an increase in accounts receivables is actually less cash than you would have otherwise gotten so this is negative 400 for your cash flow.

Your filthy drug money has been transformed into nice, clean, taxable income, brought to you by a savvy investment in a thriving business.

And maybe they pay your 200 ahead of time, so that you have the cash to go buy the food and the paper cups and paper plates or whatever.

Taxation is based on income.

So it's a function of t, for tickets.

At the federal impound lot downtown,

Cash only.

Cash cards, ID, and this.

Just the ones that I took?