Over 70,000 in cash,silver,and liberty bonds.

I owe the bank 750,000.

So over here you had another liability.

This is the angel investor, and this is all of us down here, and all of this is equity.

Most times the liabilities are pretty easy to get a handle on.

And then we have a little bit of cash on top of that.

So now I have this liability.

Now no matter what, this company cannot go bankrupt.

So liabilities. Liabilities.

Let's say assets and I'll talk about margin requirements

Now if you take this part over here all of the assets are 400, 400 100 in Liabilities still gets you to 300 in Equity.

And let's say that's all of their liabilities.

And then we have the debt, the debt of the company, or the

Let's think about its liabilities.

And if I could liquidate all my assets and all my

So notice, it still does not change our Equity.

So let's say these are debt holders right here.

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.

This is 120,000 in equity, market value of equity, he has another 105,000 in liabilites.

This was equity.

liabilities.

So you defer it to month four, when you actually perform the service.

They're giving it to me for safekeeping.

I, uh, I was just going to say I've been cashing A lot of bonds lately, haven't I?

And they got an asset called loan to Bank A.

liabilities as well.

It had 5 million of debt.

What are my liabilities?

That assets, A for assets, is equal to

Or the other way to view it is, assets minus liabilities is equal to equity, right?

What I could do is maybe 100 of it,

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

This is day 10 in this alternate universe.

We need better accounting.

Minus 1.075 that was the max that I could borrow

Everything on the right hand side is equity, so this is all equity.

I still owe 750,000 to bank.

So my liabilities I owe the bank 750,000.

But now the reconciliation is to go from 100 in cash to 0 in cash.

Current maintainer and programmer

I think I had called it Loan C.

I had 100 of cash, no accounts receiveables,

So the only liability is this 5,000.

Let me just make everything clear.

These are the assets that our five buddies have together.