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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (14749)7/13/2001 5:47:22 PM
From: sea_biscuit  Read Replies (1) | Respond to of 42834
 
Anyways, this is yet another sign that the bear market hasn't come to an end. As we approach the bottom, stock options will become so discredited that anybody who accepts them instead of cash will be considered loony.



To: Skeeter Bug who wrote (14749)7/13/2001 5:52:04 PM
From: Boca_PETE  Read Replies (1) | Respond to of 42834
 
Skeeter Bug: RE: ("how should it be accounted?")

Incuring the electric bill is accounted for by a charge to "Expense" and a "Liability" to the Electric Company.

The settlement of the "Liability" is accounted for separately as an expansion of capital and a reduction of the "Liability" to zero.

P


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