Google is a company born of idealism.

Over the course of the year, we earned some money.

And so your profit is 100.

The customer pays you 200 for your services

Let's now account for the same series of events but instead of doing it on a cash basis

So they can see where the buisness is doing well, where it's not doing well, or maybe how rescorces should be allocated

So this kind of the cash income statement,

Give a better indication of what's actually going on in the buisness, and the way I did it in the first two videos, the first column over here

let's do it on an accrual basis.

I acted up to my principles.

So this right here you could view as our income statement.

So I'm gonna start of, we're gonna focus on month 2 and what I've done is I've rewritten some of this accrual income statement down here so it really looks like a statement so this right here is the income statement for month 2 on an accrual basis.

You must live up to your principles.

What do we do, as our science gets to be so good in looking at anatomy, that we reach the point where we have to admit that a democracy that's been based on anatomy might start falling apart?

His theory is based on fact.

Very well.

Now either one of these is legititmate ways of accounting but its good to know the difference

Why would I want to invest in this buisness that's losing 200 a month?

None of what I'm telling you is my opinion.

Think about it.

Let's just add them up and see what we get.

We still have earned and paid media driving customers into the funnel.

My job title is account manager.

And you didn't have to spend any expenses because you didn't do any accounting.

One of them is matter, because the growth of knowledge is a form of information processing.

So you're building on something that is not pure self interest.

I mean the part of Science and Engineering.

Based on the Spectre library.

I want to make a case.

So, I wanted to show you something.

I should say that the age of bristlecones was discovered, led by a theory.

Fair enough.

Example 1.

On the cash basis it looks like you lost money again.

None of what I'm telling you is my opinion.

They bought 2 billion shares.

Date based sub albums

Based on meta info

DjVu backend based on DjVuLibre.

Now there's one thing that you're probably confused by right now well you know, how do we reconcile everything with the cash we know that over this period we got 200 in income on an accrual basis.

But yes, these youth who have been inspired by universal values, who are idealistic enough to imagine a magnificent future and, at the same time, realistic enough to balance this kind of imagination and the process leading to it not using violence, not trying to create chaos these young people, they did not go home.

Let's see how we can bring people back to the process.

I find this extremely important, because democracy is about people changing their views based on rational arguments and discussions.

So feeling is based on our intuition.

Nice college kid. Socialist.