I'll just write A period, so I don't have to write the whole thing.

So let me show you that right over here...

So over here you had another liability.

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

You've increased this liability that you owe things to other people.

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

I'm only going to pay you 100 now and I'm going to give you 100 later

Accounts Payable is a liability

But it's a source of cash because we don't have to use our own cash.

Our profit in the first period is 30,000.

Leave your money on the table.

Don't buy things on credit.

Yes, and that's a lot of money.

Accounts Payable

'Cause it's a lot of money.

I came to buy goldfish.

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

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.

Those are accounts receivables.

How many shall we buy Chef?

Rich matrons pay well to be pleasured by the bravest champions.

liabilities there and liabilities over here now, they both have the same amount of accounts payables maybe the people they are buying shoes from are able to delay paying those shoes just a little bit

So the beginning of month 2, which is the end of month 1,

To get some future benefit.

Is it practical?

I can talk to the agency and get them to clear your gambling debts.

Money cannot buy happiness.

Money cannot buy freedom.

I don't have money to buy a dictionary.

So we did some really simple things.

He's paid up with the right people.

There's a price on my head.

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.

That's not bright enough.

Money cannot buy happiness.

I have no money to buy it.

I paid cash for the car.

There is nothing that can't be bought with money.

And you want me to buy a table at your next fundraiser.

Well, there's a rabbit missing.

So you have accounts receivable of 400

I mean, I have a beautiful house and beautiful clothes and all the beautiful money that money can buy.

What shall we buy with that money?

I bought a watch with cash.

I bought this outright.